European stocks closed notably lower on Wednesday, weighed down by data showing an acceleration in UK inflation and disappointing retail sales and industrial production data out of China.Data showing UK's inflation accelerated to a more than 8-1/2-year high of 3.2% in August has triggered speculation that the Bank of England might soon start tapering its stimulus.The pan European Stoxx 600 decline...
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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.