Boundless Fed QE fuels 2% equity bounce, calms dollar
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LONDON (Reuters) - Global equities rebounded almost 2% on Tuesday, off near four-year lows, and the dollar slipped as investors pinned hopes on unprecedented stimulus steps by the U.S Federal Reserve and other policymakers to ease strains in financial markets.While the measures such as the Fed's offer of unlimited bond-buying won't immediately mitigate the economic devastation inflicted by the coronavirus outbreak, they will launch more dollars into world markets, allowing companies, funds and..