Global stocks hold gains after Fed decision, oil prices rise | live
By Chris Prentice and Amanda Cooper NEW YORK/LONDON, Oct 28 (Reuters) - Global stocks and major Wall Street indexes gained on Wednesday after the Federal Reserve held interest rates steady, as expected, and oil prices rose on renewed concerns over supply disruptions. In a 10-2 decision, the US central bank said it would maintain its benchmark interest rate within the current 3.75%-4.00% range.
By Chris Prentice and Amanda Cooper NEW YORK/LONDON, Oct 28 (Reuters) - Global stocks and major Wall Street indexes gained on Wednesday after the Federal Reserve held interest rates steady, as expected, and oil prices rose on renewed concerns over supply disruptions. In a 10-2 decision, the US central bank said it would maintain its benchmark interest rate within the current 3.75%-4.00% range.
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