(Reuters) - LONDON, June 15 - Global stocks rose on Friday
after tepid U.S. core consumer prices reassured investors that
improving economic growth was not fuelling inflation, while the
yen sank after the Bank of Japan left interest rates on hold.
The U.S. Labor Department reported a steady rise in food and
energy costs pushed overall U.S. consumer prices up 0.7 percent
in May but that with those volatile sectors stripped out, core
inflation edged up just 0.1 percent.
Read more at Reuters.com Economic News
after tepid U.S. core consumer prices reassured investors that
improving economic growth was not fuelling inflation, while the
yen sank after the Bank of Japan left interest rates on hold.
The U.S. Labor Department reported a steady rise in food and
energy costs pushed overall U.S. consumer prices up 0.7 percent
in May but that with those volatile sectors stripped out, core
inflation edged up just 0.1 percent.
Read more at Reuters.com Economic News
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