MSCI's global gauge of stocks gained 0.10%, and the pan-European STOXX 600 index rose 0.26% after the Fed's statement
While US monetary policy was far from hawkish in 2014, it stood in contrast to the ultra-dovish trajectories of central banks in Europe, Japan and other countries
Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.
The broader markets, meanwhile, outperformed, rising for the fourth straight session
Any move to shrink policy support will be based on progress on the Fed's goals for jobs and inflation
The Federal Reserve is scheduled to release its latest policy statement after two days of debate in which policymakers lacked a critical piece of information: who will run the US for next four years
Fed officials anticipate the United States will suffer the worst economic downturn since World War Two, and they have no intent to let up on providing stimulus for the foreseeable future
The RBI has reduced the repo rate by 75 basis points (bps) to 4.4 per cent, and the reverse repo rate by 90 bps which now stands at 4 per cent
The big disappointment for markets was that the Fed did not offer a repurchase programme for the commercial paper market
The Bank of Japan just said it will hold an emergency meeting Monday, instead of the March 18-19 scheduled one
According to a Business Standard report, the Securities and Exchange Board of India is working on a plan to arrest the deep market sell-off and reduce volatility
Yield on 10-year G-Sec slips to over three-year low of 6.23%
In a statement, the central bank said it was cutting rates by a half percentage point to a target range of 1.00% to 1.25%
Global central bankers, facing an economic threat from the virus, have for the most part taken a wait-and-see approach
Friday's jobs report provided a respite from all the pessimism on the economy amid poor numbers and persistent uncertainty on US-China trade negotiations
The Fed said it will 'monitor the implications of incoming information for the economic outlook as it assesses the appropriate path' of its target interest rate
Five officials wanted to keep rates unchanged, while five saw a quarter point as appropriate this year and seven wanted a half point
The central bank's leadership is under immense political pressure from Trump, who denounces its reluctance to slash rates more aggressively on Twitter almost daily
President Donald Trump has demanded the Fed cut rates to bolster growth as he piles tariffs on Chinese imports to try to win a better trade deal
The chair, under pressure from President Donald Trump to cut rates soon and deeply, listed a series of economic and geopolitical risks that the Fed is monitoring