Federal Reserve keeps US interest rates unchanged

In the wake of the Bank of Japans meeting the US federal reserve have voted in favour of keeping near term interest rates on hold at 0.25% - 0.5%. Out of the 10 central bank rate setters only 3 voted in favour of raising rates in September with all 10 agreeing that the case for raising rates had indeed strengthened. Markets rallied off the back of the news taking this as an indication a potential rate rise is looking more likely in December after the US presidential election.