European stocks closed on a strong note on Thursday with investors cheering the Federal Reserve's decision to cut interest rates by 50 basis points and its forecast for more reductions in future.
Investors also digested the Bank of England's widely anticipated move to hold interest rates unchanged. The BoE signaled a gradual approach to monetary easing in coming decisions. The central bank also extended its bond reduction plan for another one year.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.