European stocks are likely to open lower on Friday after an initial rally on Wall Street eventually fizzled into the close overnight. While the U.S. CPI data reinforced market expectations for a pause in rate hikes at the September meeting, it is feared that sticky core inflation may prompt the Fed to resume raising rates in November. San Francisco Federal Reserve Bank President Mary Daly on Thurs...
For comments and feedback contact: editorial@rttnews.com
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.