Decelerating US inflation data weighs on dollar, drives stocks worldwide ALBAWABA – Stocks worldwide surged on Wednesday after slower-than-expected US inflation data came in, supporting anticipation that the United States (US) Federal Reserve (Fed) is done hiking US interest rates, at least for now. Gold prices were up $5.54 on the ounce, or 0.28 percent, by Wednesday 10 a.m. Amman time, as per GoldPrice.org, at $1,968.19. News of slowing US ...