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Fed caution supports world stocks; gold tumbles

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World stocks edged up from this month's 11-month low on Thursday while gold fell sharply as investors took an optimistic view of how strongly the Federal Reserve will commit to supporting the economy

Fed holds rate as US economy recovery slows

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The Federal Reserve said on Wednesday it would again maintain its key interest rate near zero as the pace of the US economic recovery was more sluggish than expected.

"The economic recovery is contin

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