Global stocks fall after Fed holds rates steady - Reuters

NEW YORK Stocks on major markets slipped on Friday and bond prices rose, pushing yields sharply lower, after the U.S. Federal Reserve on Thursday clung to its near-zero interest rate policy with global economic growth slowing.

Stocks and currencies in emerging markets, which are more vulnerable to higher U.S. interest rates, briefly welcomed the Fed's decision to postpone an interest rate rise, but their bounce faded with the persistent sell-off in developed markets.

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