U.S. Federal Reserve Chair Jerome Powell speaks at a news conference on interest rates, the economy and monetary policy actions on June 15, 2022.
Olivier Douliery- | Afp | Getty Images
LONDON — European stocks are expected to open in mixed territory Tuesday as investors assess the economic and political outlook in the region and beyond.
The U.K.’s FTSE index is seen opening 15 points lower at 8,164, Germany’s DAX down 19 points at 18,580, France’s CAC 40 up 7 points at 7,633 and Italy’s FTSE MIB down 31 points at 34,493, according to data from IG.
So, “if you wait until inflation gets all the way down to 2%, you’ve probably waited too long,” he said Monday.
His comments, combined with expectations that the failed assassination attempt on Republican presidential candidate Donald Trump will lead to big gains for the party and friendlier fiscal policies from a Trump administration, sent Wall Street higher Monday.