Global market news: Stocks mixed after Biden, Powell speeches2 min read . Updated: 08 Feb 2023, 09:17 PM IST
- Global market news: Traders also tracked remarks from Powell, who reiterated Tuesday that inflation was coming down -- but conceded interest rates might need to go higher than expected to get it under control
Europe's stock markets rose but Wall Street opened lower on Wednesday as investors digested President Joe Biden's calls for tax hikes and the latest interest rate signals from US Federal Reserve chief Jerome Powell.
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