Eurozone inflation accelerated to a new record high in June, as estimated, driven by energy prices, and reinforced hopes for aggressive interest rate hikes. The harmonized index of consumer prices increased 8.6 percent on a yearly basis in June, faster than the 8.1 percent rise in May, final data from Eurostat showed on Tuesday. The rate came in line with the flash estimate published on July 1.Mea...
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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.