Fed policy makers had voted 9-1 to keep interest rates on hold in the face of global headwinds
FED did Not raise rates ..its just what World Markets wanted ..outside the USA .
the USA would have ended Green ..if they raised 1/4% ..
but the rest of the World would have Sold off ..as their FX tumbled ..from a rising USD.
so...its steady as she goes for the FED .. until Dec or 2016.
There are some hints or guidance there that potentially, a Fed rate hike may not even happen this year," said George Rusnak, Co-Head Of Global Fixed Income for Wells Fargo Investment Institute In Princeton, New Jersey.
While some commentators said they were disappointed with the continued uncertainty, others showed relief.
"There was just too much global uncertainty right now, and the risk of raising rates from zero is different from raising rates if you're at 4 per cent," said Steve Gutch, Senior Portfolio Manager at Federated Investors.
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