01-02-2017 21:27 via news.yahoo.com

Stocks gain, dollar steady as Fed stands pat

Stocks moved higher around the globe and the dollar rose along with oil prices on Wednesday as strong data suggested the global economy was picking up steam and the Federal Reserve released an upbeat statement on the health of the U.S. economy. The Fed left rates unchanged in its first meeting since President Donald Trump took office, but its relatively upbeat outlook suggested it was on track to tighten monetary policy this year. The dollar reduced its gains after the Fed's decision but remaine
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