European stocks closed lower on Wednesday, weighed down by data showing a bigger than expected increase in consumer price inflation in the U.K. in the month of April, adding to concerns about the outlook for interest rates, after some hawkish comments from a few Fed officials suggested the U.S. central bank might keep interest rates higher for longer.
Read Full Story
Latest posts by Business Editor (see all)
- How to Sell a Small Business: A Starter Guide for Business Owners - February 3, 2025
- European Shares Drift Lower Amid France’s Debt Woes - November 27, 2024
- FTSE 100 Modestly Higher In Cautious Trade - November 27, 2024
