Relevant:
- Fed leaves interest rates unchanged, signals two hikes this year
- Fed's Yellen pivots to gradual pace of rate hikes
- Fed holds steady, rate-setters now see two hikes this year
- U.S. Federal Reserve faces messier economic picture 6 weeks after rate hike
- Fed leaves rates alone, signals confidence in economy (LOOK AT WHAT WE SAY, NOT WHAT WE DO!!)
2015-09-17 — reuters.com
However, the central bank maintained its bias toward a rate hike sometime this year, while lowering its long-term outlook for the economy. Fresh economic projections showed 13 of 17 Fed policymakers foresee raising rates at least once in 2015, down from 15 at the last meeting in June. Four policymakers now believe rates should not be raised until at least 2016, compared to two who felt that way in June...
Not surprisingly, stocks are up on the news, and precious metals are up even more.
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