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US Fed to hold rates at zero for rest of year

Federal Reserve has kept interest rates on hold, citing a weak global economy, low inflation and an unstable stock market as key reasons for holding fire.
 
Westpac Senior Economist Michael Gordon talks about US Fed's decision to hold interest rate

Jason Walls
Fri, 18 Sep 2015

The US Federal Reserve is likely to keep interest rates at rock bottom levels until next year after deciding not to pull the trigger this morning.

CMC Markets trader Sheldon Slabbert says although members of the Federal Open Market Committee – responsible for monetary policy in the US – have two

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Jason Walls
Fri, 18 Sep 2015
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US Fed to hold rates at zero for rest of year
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