Posted by financialanalyst18 > 2015-09-18 07:44 | Report Abuse

Federal Reserve keeps interests rates unchanged. We are going to wrap up this live blog, but first here is a quick summary of what happened today: • The last time Fed raised interest rates was in 2006 • It turns out that the economists surveyed by WSJ were right, when 54% of them predicted that the Federal Reserve will wait to raise rates • Federal Reserve will not raise rates this month • The reasons why the Federal Reserve is not raising rates just yet are concerns about fragile economy and the low US inflation rate • The Fed would like the US inflation to be closer to 2% • Bernie Sanders and AFL-CIO praised Fed’s decision to hold off on raising the rates • The markets stumbled a little after the decision, ending the days just slightly below where they started: Dow Jones was down 0.39%, S&P 500 was down 0.26% and Nasdaq was up 0.1% • The FTSE 100 index (the largest blue-chip companies listed in London) fell by 42 points, or 0.7%