Wall Street rallies as traders reassess Fed outlook; dollar slips

By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks led global shares higher on Monday after Federal Reserve policymakers sounded cautious notes on near-term interest rate increases, while the U.S. currency slipped. Comments from Fed officials in the past few weeks had raised speculation of a U.S. rate increase this year and the European Central Bank and Bank of Japan recently refrained from further monetary policy easing, fuelling Friday's broad stocks selloff and rise in bond yields.