Asian stocks fell broadly on Wednesday, with disappointment over a lack of additional stimulus in China and lingering uncertainty over the Federal Reserve's interest rate plans weighing on sentiment.Fed Chair Jerome Powell is set to testify before Congress later in the day as investors look for clues on the outlook for rates.The dollar traded firm as solid data on U.S. homebuilder sentiment and ho...
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Business News
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.