European stocks were mixed on Thursday after a highly anticipated U.S. inflation report cemented the case for a Federal Reserve rate pause next week.The monetary policy announcement from the European Central Bank is due later in the day. Markets widely expect the ECB to hike the key rate by a final quarter point despite lingering growth worries. The ECB has raised rates by a cumulative 375 basis p...
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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.