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Two Rules | Rule #1 Do Not Lose Your Principal | Rule #2 See Rule #1

The Federal Reserve opted not to raise interest rates at its January meeting and gave no indication that it was changing course on its rate-hiking path ahead.Amid substantial turmoil in financial markets, the Federal Open Market Committee statement issued Wednesday did say it was “closely monitoring global economic and financial developments,” referring to the volatility that led most of Wall Street to dismiss the possibility of a rate hike this month.Major stock averages sold off immediately after the statement as Wall Street parsed out Fed language for how hawkish the U.S. central bank will be through the rest of the year.

Source: The Fed holds rates unchanged