美联储

Stocks temporarily juiced by Yellen slip lower

It was a rocky final two hours of trade in US markets on Thursday.

Policymakers at the Federal Reserve chose to stay their hand, maintaining their 0 to 0.25 per cent target range for the federal funds rate, at their much-awaited September meeting.

Equity markets had trouble making heads or tails of the news. The major indices briefly sold-off after the statement, bounced back, extended their rally as Fed chair Janet Yellen began her press conference, only to turn south by the close.

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