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European markets higher ahead of Fed decision, U.S. inflation data

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European stocks were higher Wednesday ahead of the latest U.S. Federal Reserve decision and inflation reading.
European stocks were higher Wednesday ahead of the latest U.S. Federal Reserve decision and inflation reading.
The pan-European Stoxx 600 was 0.53% higher at 9:11 a.m. London time, with most sectors in the green.
Banking stocks led gains and were last 1.36% higher, while autos fell 0.72%.
Data out of the U.K. on Wednesday showed that the country’s economic growth was flat in April as construction output declined for the third month in a row.

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