The Federal Open Market Committee Leaves Key Interest Rate Unchanged

It was a 9-1 vote
They down played global weakness, which was one of the main reasons for skipping a rate hike in Sept
They cited a slowdown in the labor market and that measures of inflation are below their target rate.
They said the economy continues to grow at a "moderate" pace.
This is statement was artfully crafted to leave the door open for a December rate hike but did not telegraph one.






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