NEW YORK (Reuters) -Wall Street stocks rose sharply higher on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the looming possibility of a government shutdown and fresh tariff threats from U.S. President-elect Donald Trump. Gold surged and benchmark U.S. Treasury yields eased back from multi-month highs. A report from the Commerce Department showed the PCE price index, the Federal Reserve's preferred inflation yardstick, came in cooler than analysts expected, supporting the narrative that price growth remains on a path toward achieving the U.S. central bank's 2% target.