UK inflation holds at 2.2 in Aug
Euro zone inflation at 0900 GMT
Fed rate decision at 1800 GMT
Campari at over fouryear lows after unexpected CEO exit
Reckitt rises on report of potential sale of homecare assets

Sept 18 Reuters European shares edged lower on Wednesday, as investors stayed on the sidelines ahead of an allimportant interest rate decision by the U.S. Federal Reserve that could mark the beginning of a monetaryeasing cycle in the world39;s largest economy.

The panEuropean STOXX 600 index was down 0.2 at 516.15 points, led by losses in healthcare shares following reports that Novo Nordisk39;s Ozempic is very likely to be one of the next drugs targeted for a price cut in the United States.

The Danish drugmaker39;s shares were down 1.7.

Technology shares also pulled the markets down with a 0.7 fall while miners slipped 0.5.

All major European markets were trading flat to lower.

Britain39;s FTSE 100 dipped 0.3 after UK headline inflation stood at an annual rate of 2.2 in August, unchanged from July, but price growth in the services sector closely watched by the Bank of England picked up.

The day will be monopolised by the U.S. central bank39;s expected start of policy easing, with a decision on interest rates due at 1800 GMT. Money markets see a 63 chance of a 50basispoint reduction, according to CME39;s FedWatch Tool.

Markets currently expect a 50bps cut by the Fed, and it39;s very unlikely the Fed will surprise investors by going 25 bps. We…