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World Markets Mixed After Fed Holds US Rates Steady

Global stock markets are responding cautiously Friday to the U.S. Federal Reserve's decision to hold off on raising interest rates. In a long-awaited announcement Thursday, the U.S. central bank decided to keep interest rates unchanged at the record low rate they have been at for several years. The Fed is still widely expected to raise rates before the end of the year. But just when this will happen is not clear, and that uncertainty appears to be rattling some investors. On...

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