Fed shift helps global stocks close in on best month since 2016

Fed shift helps global stocks close in on best month since 2016

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An abrupt U-turn by the Federal Reserve on the prospect of further interest rate rises has helped put global stocks on track for their best month in almost three years. Asian equities enjoyed the sharpest gains on Thursday, echoing a more than 1.5 per cent jump on Wall Street on Wednesday, after policymakers said they…

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