Fed action boosts global stocks | Business| Economy and finance news from a German perspective | DW | 24.03.2020
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Business

Fed action boosts global stocks

Shares around the world have surged after the US Federal Reserve announced plans to protect businesses during the coronavirus crisis. Big gains on Asian markets on Tuesday were more than matched by rises in Europe and the US. Traders reacted positively to the Fed's promise to buy as many long-term bonds as necessary to keep the US economy moving.

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