European stocks are seen opening mostly higher on Thursday after the U.S. Federal Reserve delivered pretty much what the market had expected in the first interest-rate decision of 2026.
The U.S. central bank kept interest rates on hold in a split decision and signaled little urgency to resume cuts amid still-elevated inflation alongside solid economic growth.
In his closely monitored press conference, Fed Chair Jerome Powell emphasized keeping politics away from Fed decisions, as inflation remains above target levels.
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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.