European stocks decline due to US rate concerns and Fed cautious outlook on inflation and interest rates.

European stocks decline as US rate concerns rise; Fed officials express cautious outlook on inflation and interest rates. Pan-European STOXX 600 index dips 0.3% with banks and utilities facing losses, while investors await minutes from the Fed's last policy meeting and Nvidia's earnings. German producer prices fell more than expected in April, weighing on market mood.

May 21, 2024
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