I can't help but think that a small hike

EERs 3:16

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in the interest rate would have been a sign that everything was okay with the economy and we're making progress towards a strong recovery.
 

WVPATX

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Jan 27, 2005
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in the interest rate would have been a sign that everything was okay with the economy and we're making progress towards a strong recovery.

I think this decision had more to do with global weakness than U.S. weakness. Other central banks pleaded with Yellen not to raise rates.
 

The Dunedein

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Aug 1, 2003
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you're both right. a small hike would have conveyed a message of a recovering economy. but from the wording of their statement, it's pretty clear they are very worried about China's economy making a hard landing, and the ripple effect.