FED PUTS INTEREST RATE HIKES ON PAUSE : The move comes as officials express new concerns about U.S. economy. Stocks rise.
The Federal Reserve's pause in interest rate increases formally began Wednesday as it expressed new concerns about the strength of the U.S. economy.
The question now is how long the pause will last amid a dearth of economic data because of the partial government shutdown, slowing U.S. and global growth, and public pressure from President Trump to keep interest rates low to stimulate the economy.
Investors appeared to believe it will be a while before the Fed raises rates again, with ...