European stocks are seen opening on a sluggish note Monday, with Middle East concerns and rate hike worries likely to keep investors on edge.
Pushing against U.S. rate-hike bets, U.S. President Donald Trump said that there is too much emphasis on inflation and that increasing the benchmark interest rate would be "the wrong thing to do".
His remarks come as Fed Chair Kevin Warsh prepares to lead his first Federal Open Market Committee meeting on June 16-17.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.