European stocks are seen opening a tad lower on Friday, a day after the European Central Bank joined the growing number of central banks to cease easy-money policies.
The focus now shifts to U.S. consumer inflation data due out later in the day that could influence the Federal Reserve's rate-hike roadmap for fighting inflation.
The annual rate of consumer price growth is expected to hold at 8.3 percent in May, while the annual rate of core consumer price growth is expected to slow to 5.9 percent from 6.2 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.