REUTERS/Joshua Roberts
Janet Yellen, chairman of the U.S. Federal Reserve.
On Thursday, the Federal Reserve announced that it kept interest rates unchanged, pegged at 0%-0.25% which is where they've been since December 2008.
Following this announcement, Fed chair Janet Yellen will hold a press conference that will kick off at the bottom of the hour.
The Fed's statement was little changed from its July statement, and more or less said the Fed sees continued slack in the labor market and isn't yet ready to move interest rates based on its inflation outlook.
The Fed's statement did, however, say it is "monitoring developments abroad," a new wrinkle that we expect Yellen will be asked to elaborate on. This inclusion followed the late-August stock market chaos we saw, which was largely attributed to concerns out of China.
This post will be updated as Yellen speaks.