european stock markets diverged at the open on wednesday as investors await the us federal reserves latest decision on interest rates londons ftse 100 index slipped 01 percent to 758783 points in early trades even as data showed that the uk economy rebounded in april after a contraction in the previous month the paris cac 40 rose almost 02 percent to 730149 points while the frankfurt dax was flat at 1623584 the fed will announce later wednesday whether it will pause its ratehike campaign or increase borrowing costs for an 11th time in a row in efforts to combat inflation investors expect a halt after official data on tuesday showed that consumer prices cooled again in may at 40 percent compared to a 49 percent rise in april