London and Frankfurt rose in early trading. Shanghai, Tokyo, Hong Kong and Seoul closed higher. U.S. futures were mixed.
On Wall Street, the future for the benchmark S&P 500 index was off less than 0.1% while that for the Dow Jones Industrial Average rose 0.2%.In Asia, the Shanghai Composite Index rose 0.6% to 3,585.04 and the Nikkei 225 in Tokyo gained 1.7% to 30,168.27. Sydney's S&P-ASX 200 was 0.8% higher at 6,834.00 and India's Sensex gained 0.8% to 51,181.85. New Zealand retreated while Southeast Asian markets advanced.
The central bank earlier indicated it would let the economy "run hot" to make sure a recovery is well-established following the deepest slump since the 1930s. Powell said it might take more than three years to hit the Fed's target of 2% inflation.
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