Asian stocks advanced on Wednesday even as a cautious undertone prevailed ahead of the U.S FOMC meeting outcome later in the day.The Federal Reserve is likely to raise interest rates by another 25 basis points and signal that a pause in rate hikes is on the horizon.Overnight data showing a slower-than-expected increase in U.S. labor costs helped spur expectations that inflation will ease further i...
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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.