on a more serious note:
: Fed keeps rates unchanged, market improves slightlyThe averages have moved to their best levels of the session although they remain firmly in the red. The market moved slightly higher after the Fed announced they would keep rates unchanged. The Fed said the economy was on firm footing and that consumer spending and business expenditures have been growing. They also said that although crude oil has risen, underlying inflation has remained subdued.
Source - nicked off of a website...
: Fed keeps rates unchanged, market improves slightlyThe averages have moved to their best levels of the session although they remain firmly in the red. The market moved slightly higher after the Fed announced they would keep rates unchanged. The Fed said the economy was on firm footing and that consumer spending and business expenditures have been growing. They also said that although crude oil has risen, underlying inflation has remained subdued.
Source - nicked off of a website...