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Frankfurt / Main (dpa) - The continued very loose monetary policy of the US Federal Reserve is pushing the stock exchanges worldwide.

After record highs on Wall Street, the Dax also reached a record high of 14,701 points in early trading on Thursday.

Most recently, the leading German index gained 0.60 percent to 14,684.82 points.

The MDax of medium-sized companies rose by 0.83 percent to 32,132.84 points.

For the leading Eurozone index EuroStoxx 50 it rose by 0.4 percent.

The US Federal Reserve had significantly increased its forecasts for economic growth and price developments the evening before and continues to rely on an extremely loose monetary policy in the fight against the Corona crisis.

Despite the higher inflation forecast, the US central bankers have not changed their interest rate expectations and continue to expect key interest rates to remain at zero by 2023.

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