LONDON—Stocks fell on Thursday, U.S. two-year bond yields rocketed to 23-month highs and the dollar busted out of its recent range after the Federal Reserve stuck to plans for an interest rate rise in March and Chair Jerome Powell warned about inflation. The Euro STOXX fell 0.19 percent while Germany’s DAX lost 0.52 percent. Wall Street had plunged on Wednesday, reversing earlier gains after Powell’s press conference, and looked set to open slightly lower on Thursday. Stocks—which have fallen sharply from record highs in 2022—were way off the day’s lows, however, and selling was not nearly as aggressive as in recent sessions. In Asia, shares slumped to their lowest in nearly 15 months. Britain’s energy and bank-heavy FTSE 100 bucked the trend with a 0.3 percent gain. Investors globally have dumped riskier assets in 2022 and sought safety as they brace for the end of nearly two years of exceptionally …