European stocks may open flat to slightly lower on Thursday, as Treasury yields gained amid signs that the Federal Reserve would stick to hiking interest rates by 50 basis points in June and July to combat inflation.
The safe-haven dollar hovered near a one-month low as the latest FOMC meeting minutes offered few surprises, with many officials advocating the use of both interest rate increases and reductions in the size of the Fed's balance sheet to achieve a neutral posture.
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