European stocks were moving lower on Thursday after the U.S. Federal Reserve and Swiss National Bank both hiked their key policy rates by 75 basis points, as widely expected, to tackle surging inflation.
Norway's central bank also raised its main interest rate to its highest level since 2011, adding to worries of a global economic slowdown.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.