European stocks may open on a cautious note Wednesday as investors await the U.S. Federal Reserve's monetary policy announcement later in the day.
While the Fed is set to leave its key interest rate unchanged, focus will be on what signals the U.S. central bank might send about its likely next actions.
The updated projections may show that the policymakers expect to raise their benchmark rate once more this year.
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Business News
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.