Bloomberg |
World stocks gain on Fed's low rate pledge
The Associated Press BANGKOK (AP) — World stock markets were mostly higher Thursday after the US central bank pledged to keep interest rates low until late 2014 to nurture the country's stubbornly slow economic recovery. Benchmark oil hovered below $ 100 per barrel while … Asia Stocks Gain Slightly on Fed's Low Rate Pledge Stocks Rise With Copper, Oil After Fed Signals Low Rates; Won Strengthens Asian Stocks Advance as US Fed Considers More Asset Purchases |