European stocks opened higher Wednesday as regional markets regained some positive momentum and as investors assessed comments from U.S. Federal Reserve board members.
The regional Stoxx 600 index was up 0.16% at 8:22 a.m. U.K. time as autos stocks climbed 1.2%
On Tuesday, Federal Reserve Governor Christopher Waller said he was growing more confident that policy was in a place now to bring inflation back under control. However, he maintained that inflation was still too high. Waller also said the Fed might start lowering rates if inflation continues to ease over the next three to five months.
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