United States Fed Interest Rate Decision unchanged at 0.25%

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Carney getting his pen out - BTMU

Derek Halpenny, European Head of Currency Strategy at the Bank of Tokyo Mitsubishi UFJ noted that BOE Governor Carney has his pen out and will soon be writing a letter to Chancellor Osborne as to why inflation has fallen by more than 1.0ppt away from the 2% target level.
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2-year Treasury yield collapses after Fed lowered interest rate estimate

The yields at the short-end of the US bond market curve fell sharply after the Federal Reserve lowered the median outlook for end-2015 Fed funds rate to 1.125% from the September’s forecast of 1.375%.
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