Despite some encouraging eurozone economic data and dovish comments from the U.S. Federal Reserve Chairman Jerome Powell, European stocks closed weak on Wednesday as worries about inflation rendered the mood bearish.Comments from Federal Reserve Chair Jerome Powell have eased some of the concerns about the outlook for monetary policy that weighed on global markets last week.Powell has downplayed t...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.