European stocks fall as U.S. rate hikes loom

European stocks declined slightly amid expectations of higher U.S. interest rates, following the Federal Reserve's adoption of a more hawkish tone. The Stoxx 600 index fell by 0.22%, with the basic resources sector dropping by 1.8%, amid falling oil prices that helped ease inflation. Additionally, the Federal Reserve indicated the possibility of a single rate hike this year, while airline companies benefited from the decrease in fuel costs.

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