Asian stocks gave up early gains to end broadly lower on Wednesday ahead of the Federal Reserve's monetary policy announcement due out later in the day.A 50 basis point rate hike and the launch of balance sheet reduction are on the table, with market participants certainly fearing a more hawkish tone to fight inflation, which is at a four-decade high.Investors will be watching to see how Fed Chair...
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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.