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Global stocks follow Wall St lower before US inflation data

December 10, 2021

Via: ABC News

Global stock markets declined Friday ahead of U.S. inflation data that might influence a Federal Reserve decision on when to roll back economic stimulus.

London and Frankfurt opened lower. Shanghai, Tokyo and Hong Kong retreated.

Fed officials, due to meet next week, have said plans to wind down bond purchases and other stimulus that is boosting stock prices might be accelerated if necessary to cool inflation that hit a 30-year high in October.

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