3Qs: Why the Fed maintained interest rates, and what it means

After much spec­u­la­tion, the Fed­eral Reserve on Thursday announced that it would hold the line on U.S. interest rates, which have not increased in nearly a decade. Pro­fessor William Dickens, chair of the Depart­ment of Eco­nomics, dis­cusses the Fed’s deci­sion and what it all means.