Global Stock Market Rises in Anticipation of U.S. Inflation Report

Federal Reserve expected to maintain interest rates as inflation eases to 3.1% from 3.2% in October.

World shares advanced ahead of a crucial U.S. inflation report that will likely set the tone for the Federal Reserve’s final meeting of the year.
The U.S. inflation report is expected to show that businesses kept overall prices unchanged for a second straight month.
Falling gas prices are thought to have offset a rise in food costs from October to November, and compared with a year earlier, inflation is expected to ease to 3.1% from 3.2% in October.
A closely watched category called “core prices,” which excludes volatile food and energy costs, is predicted to rise 0.3% from October to November.
The Federal Reserve is expected to keep its benchmark interest rate unchanged for a third straight time.