European stocks were subdued on Wednesday as investors braced for another interest-rate hike from the Federal Reserve later in the day.
Odds are that Fed Chair Jerome Powell will signal additional rate hikes are not off the table, but the central bank will take a more gradual approach to rate rises based on incoming data.
Upcoming ECB and BOJ rate decisions also remained on investors' radar.
The pan European STOXX 600 was down 0.6 percent at 465.27 after gaining half a percent on Tuesday.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.