European stocks are likely to open higher on Tuesday as the focus shifts to a two-day policy meeting of the U.S. Reserve that gets underway later today.
The U.S. central bank is all set to raise interest rates by 75 basis points, but investors will look for any signals the Fed may want to slow down the pace of rate hikes in the future given a weakening economic backdrop.
Apart from the Fed's rate decision, Thursday's Bank of England meeting and the all-important U.S. jobs data on Friday also remain on investors' radar.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.