Global equity funds witnessed sharp inflows in the week through Dec. 25, rebounding from significant net sales the previous week, buoyed by a benign U.S. inflation report and relief that Washington had averted a government shutdown, which restored investor confidence in risk assets. According to LSEG data, investors pumped a hefty $34.38 billion into global equity funds, the largest amount in six weeks, following a net $36.84 billion worth of sales in the week before. A report from the Commerce Department last Friday showed the PCE price index rose 0.1% in November, cooler than analysts expected, restoring some hope for further Federal Reserve rate cuts next year.