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European Shares Extend Gains As Inflation Worries Fade

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks edged higher on Wednesday as softer inflation data eased worries about the Fed's rate trajectory and China reported strong industrial output and retail sales data for October. U.K. stocks were outperforming after official data showed U.K. consumer price inflation eased sharply to a two-year low in October.Consumer prices grew 4.6 percent year-on-year in October, slower than the 6.7...

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Global Economics Weekly Update -May 18 – May 22, 2026

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.

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