European stocks advanced on Monday as investors looked ahead to inflation data from the U.S and Eurozone for further clarity on the outlook for rates.
ECB Vice President Luis de Guindos said the labor market is beginning to weaken and the central bank will be in a better position to reassess the inflation outlook in December.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.