European stocks fell sharply on Thursday as fears mounted that the Fed might trigger a recession sometime in the next year with its aggressive rate action.
Earlier today, the Swiss National Bank unexpectedly increased interest rates for the first time since 2007.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.