Global stocks fell on Wednesday, extending declines after the Federal Reserve kept interest rates unchanged, while a rise in crude prices and an earlier reading on U.S. inflation kept equities under pressure. The U.S. central bank’s summary of economic projections (SEP) showed the Fed’s benchmark overnight interest rate would fall by just a quarter of a percentage point by the end of this year, with no hint of the timing of such a move, while the inflation projection for the end of the…
