European stocks were broadly higher on Thursday, with Fed Chair Jerome Powell's dovish remarks on the pace of rate hikes and signs of easing COVID curbs in China helping underpin investor sentiment.
Powell said on Wednesday it was time to slow down U.S. rate rises but warned that interest rates could peak at higher-than-expected levels due to stubborn inflation in the country.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com