Stocks take U.S. inflation spike in stride and rally; dollar on defensive
February 15, 2018World stocks steam higher as inflation fears suddenly fizzle
February 15, 2018Stocks climb despite rise in U.S. inflation; dollar on defensive
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TOKYO (Reuters) – Asian stocks rose on Thursday after Wall Street brushed aside strong U.S. inflation data and surged, in a move that also saw the dollar pinned to two-week lows even as Treasury yields jumped in anticipation of more rapid U.S. interest rate hikes.
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