• Global stocks mixed after Fed says ready to act on inflation

    7 days ago - By Wood TV

    BEIJING - Global stock markets mostly rose Thursday after Federal Reserve officials indicated they were ready to hike interest rates sooner than expected if needed to cool U.S. inflation.
    London, Tokyo, Frankfurt and Hong Kong markets advanced, while Shanghai declined.
    Wall Street futures were higher. U.S. markets were closed for the Thanksgiving holiday. They reopen Friday for a shortened trading session.
    Fed officials at their October policy meeting said they “would not hesitate” to respond to inflation, according to notes released Wednesday. They foresaw the possibility of raising rates...
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