Euro rallies, stocks rise after dovish Fed statement

By Rodrigo CamposNEW YORK (Reuters) – Stocks in major markets rose on Wednesday, led by Wall Street, and the U.S. dollar weakened after the Federal Reserve held interest rates steady while lowering expectations for the number of rate hikes this year.
The U.S. central bank noted that the U.S. economy continues to face external risks, but indicated that moderate U.S. economic growth would allow it to resume tightening monetary policy this year.
Fresh projections, however, point to two quarte