18/09/15: Fed keeps rates near zero

...just a little bit longer

Sighting stubbornly low interest rates, the economic slowdown taking place in China and emerging markets, last night the US Federal Reserve ('The Fed') Chair, Janet Yellen, decided to hold off pulling the interest rate hike trigger, for now. The focus now seems to be shifting towards a December hike or early 2016, but as always, this will be highly dependent on "local economic and financial developments" over the coming months. We'll keep you posted.

Rick Maggi Westmount Financial Clear Focus. Better Solutions.