DAX jumps to near four-month high as easing German inflation boosts ECB rate cut hopes

Germany’s DAX index rallied to near four-month highs on Wednesday after signs of easing inflation in the country raised hopes the European Central Bank may be able next year to cut interest rates from record levels.

A report released early Wednesday showed inflation in North Rhine-Westphalia, Germany’s most populous state, fell 0.3% month-on-month in November and was up 3.0% year-on-year.

The…