European stocks rose slightly on Wednesday ahead of Eurozone industrial production data for October and the Federal Reserve's interest-rate decision due later in the session.
While no change in interest rates is expected, Chair Jerome Powell's press conference and the Fed's dot plot of future policy trajectory accompanied by revisions to the summary of economic projections could offer more clarity on when the Fed could begin cutting rates next year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.