The Federal Reserve kept its benchmark interest rate unchanged on Thursday, holding off on what would have been the first increase since 2006.
Here's what we've written about the decision. We'll keep updating this post as more stories come in.
- The housing market is still "very depressed," Fed Chair Janet Yellen said, but demand should strengthen down the road.
- Yellen also has a warning for lawmakers threatening a government shutdown.
- The decision points to the Fed's reluctance to end record stimulus in a time of market turmoil, rising international risks and slow inflation at home.
- This is what Wall Street is saying about the decision.
- Treasuries rallied and the dollar fell after the announcement.
- There's one policy maker who wants negative interest rates, according to the Fed's updated interest rate projections.
- Money markets are signaling that the Fed may wait until 2016 to tighten.
- Economic conditions barely resemble the last time the Fed raised rates.
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