European stocks traded higher on Wednesday ahead of the release of Eurozone inflation data and the U.S. Federal Reserve's interest-rate decision.
Sentiment was underpinned as oil prices fell despite heightened geopolitical risks, with Iran's supreme national security council confirming the death of its chief, Ali Larijani.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.