European stocks were subdued on Tuesday as new U.S. military action against Iranian targets clouded the outlook for an imminent peace deal. The European Central Bank should raise interest rates in June even if there's a quick resolution to the Middle East conflict, ECB Executive Board member Isabel Schnabel said today. "Even if the war ended today, a lot of damage has already been done to energy i...
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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.