European Markets Rise in Anticipation of U.S. Inflation Data and Fed Meeting
European markets were slightly higher as investors awaited the U.S. inflation data and the Federal Reserve's policy meeting. The pan-European Stoxx 600 rose 0.2%, with miners leading gains. Economists predict that the U.S. consumer price index remained steady in November, while the Federal Reserve will discuss interest rate policy and issue economic projections. In the UK, wage growth slowed to 7.3% in November, providing some relief for the Bank of England. Job vacancies fell, but the unemployment rate remained stable. Carl Zeiss Meditec shares surged after beating revenue expectations, while Hargreaves Lansdown fell after the UK's Financial Conduct Authority warned of possible intervention on client charges. European markets opened with a lukewarm start.