Major European indices opened in negative territory on Friday, with Piazza Affari falling below the 49,500-point mark. Inflation fears are mounting alongside expectations of further rate hikes by... Published on 05/15/2026 at 03:46 am EDT - Modified on 05/15/2026 at 04:03 am EDT (Alliance News) - Major European indices opened in negative territory on Friday, with Piazza Affari falling below the 49,500-point mark. Inflation fears are mounting alongside expectations of further rate hikes by central banks. The European Central Bank could tighten monetary policy if high oil prices fuel price pressures, while in the US, bets on a hawkish Federal Reserve move before year-end are accelerating.
Major European indices opened in negative territory on Friday, with Piazza Affari falling below the 49,500-point mark. Inflation fears are mounting alongside expectations of further rate hikes by... Published on 05/15/2026 at 03:46 am EDT - Modified on 05/15/2026 at 04:03 am EDT (Alliance News) - Major European indices opened in negative territory on Friday, with Piazza Affari falling below the 49,500-point mark. Inflation fears are mounting alongside expectations of further rate hikes by central banks. The European Central Bank could tighten monetary policy if high oil prices fuel price pressures, while in the US, bets on a hawkish Federal Reserve move before year-end are accelerating.