European stocks are likely to open a tad higher on Monday amid speculation the Federal Reserve may consider a pause in the historically aggressive tightening.
San Francisco Federal Reserve Bank President Mary Daly said Friday that the central bank should avoid putting the economy into an "unforced downturn" by raising interest rates too sharply. She added that the Fed is nearing a point where it should slow rate hikes.
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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.