Eurozone core inflation rose more than initially estimated in June, raising chances of further rate hikes beyond this month. Core inflation that excludes energy, food, alcohol and tobacco, rose more than estimated to 5.5 percent from 5.3 percent in the previous month, final data from Eurostat showed on Wednesday. The June rate was revised up from 5.4 percent.By contrast, overall annual inflation s...
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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.