US STOCKS-Wall St set to open higher after Fed's dovish rate hike
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By Abhiram Nandakumar
Dec 17 (Reuters) - U.S. stocks were set to open higher on Thursday, a day after the Federal Reserve raised interest rates for the first time in almost a decade, signaling confidence in the strength of the world's largest economy.
The central bank raised its benchmark rate by 25 basis points to between 0.25 percent and 0.50 percent, ending months of uncertainty.
Global markets jumped on Thursday after Fed Chair Janet Yellen assured that further tightening would be gradual and heavily dependent on inflation, which remained firmly below the central bank's 2 percent target.
"The Fed really delivered exactly what the market wanted," said Keith Lerner, chief market strategist at SunTrust Bank in Atlanta, Georgia. Continuación...