European stocks may open higher on Thursday despite two Fed officials predicting that a period of high inflation in the U.S. may last longer than expected. Atlanta Fed President Raphael Bostic and Fed Governor Michelle Bowman both said that "temporary" inflation may take longer than anticipated to fade. Dallas Fed President Robert Kaplan, who has penciled in an interest-rate increase next year, sa...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.