NEW YORK/BOSTON: U.S. stocks gained further and the U.S. dollar fell on Wednesday as investors reacted to the Federal Reserve's decision to keep interest rates at ultra-low levels.
The Fed repeated a pledge to use its "full range of tools" to support the U.S. economy and keep interest rates near zero for as long as it takes to recover from the fallout from the coronavirus outbreak.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.