Fed left Rates Unchanged but Turned More Dovish

Upbeat sentiment following Fed's announcement proved to be short-lived. This was because the Fed delivered a more dovish outlook amidst global financial market uncertainties. The Fed left unchanged the policy rate at 0.125% in September. Yet, policymakers showed concerns over the negative impacts of the recent global financial market volatility, as well as rapid slowdown in China and other emerging markets, on growth and inflation outlook.

from Oil N' Gold Focus http://ift.tt/1KuS0ix