Feds hold the key interest rate steady

With new message, Fed signals US economy still on track (AFP)

AFP - The Federal Reserve held a key interest rate steady Wednesday and largely brushed off fears about a downward spiral in the US economy while backing away from a threatened rate hike.

To fan the flame of a downward movement of US market and a slowdown, the Feds backed away from a threatened rate hike.  Not this time.  If this gives, then all hell will break loose.

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