European shares fell on Monday on concerns that accelerated vaccine rollouts and aggressive fiscal stimulus will spur a faster economic revival and stoke inflation.The dollar slid to multi-year lows against sterling and rival currencies, while benchmark U.S. Treasury yields hit a near one-year high as the reflation trade emerged as a key theme. The pan European Stoxx 600 dropped 1.2 percent to 410...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.