The Fed dropped rates to near zero in December 2008 as it battled the financial crisis and deep recession.
A ‘phenomenal’ rise in India’s gold imports is a concern and the government will watch the impact…
Brent was down 80 cents at $61.05 a barrel at 1700 GMT.
The move left benchmark grades nearly half levels set earlier this year and doused appetite for riskier assets.
The S&P energy sector was down 2.2 per cent on the day. It is down 16.5 per cent this year, the worst performing of 10 S&P sectors.