Although the damage caused by the pandemic to the EU appears considerably less than feared, the economic growth is likely to moderate next year as the propelling forces of the re-opening are set to fade out amid loosening supply bottlenecks. According to the latest Autumn economic forecast, the euro area GDP is projected to expand 5 percent this year, up from the prior outlook of 4.8 percent. Mean...
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Business News
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.