European Markets Extend Rally as U.K. Inflation Cools - Presented by: The Aol. On Network

European markets rallied for a second day after the U.K. reported that inflation slowed in July, boosting expectations that the Bank of England will keep interest rates at a record low for the time being. Investors in the U.K. took heart from a report that the consumer prices index grew by 1.6% in June, cooling from 1.9% in June, a day before the Bank of England is due to publish minutes from its latest monetary policy meeting.



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As of 8/28/2015, 04:15 PM