European stocks are seen opening a tad lower on Wednesday as investors weigh AI optimism against mounting economic concerns.
Markets now see an ECB rate hike next week after Eurozone inflation rose to the highest since 2023 in May, driven by energy and services.
In a speech prepared for the University of Derby business school on Tuesday, Bank of England policymaker Megan Greene stated that earlier action might be required to contain the risk of broader price increases across the economy.
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Business News
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.