The Federal Reserve held off on a rate hike Wednesday, falling in line with what had widely been predicted ahead of decision day. "A December rate hike is more likely," Jeremy Zirin, the chief equity strategist at UBS Wealth Management Americas, told USA Today. "The Fed doesn't want to be disruptive to the market, and it would clearly be a surprise to the market," had the hike come today.
That was what it sounded like from the Fed's announcement, too:
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