European stocks may open on a steady note Wednesday, as investors await the Fed's interest-rate decision, the accompanying policy statement and Fed Chief Jerome Powell's news conference for additional cues regarding the likelihood of a pivot by the U.S. central bank.
The Fed is widely expected to raise interest rates by another 75 basis points, but investors are waiting for signs that the central bank is prepared to slow the pace of its rate hikes come December.
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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.