"They Go Up, Tiddlee, Up, Up, They Go Down, Tiddlee, Down, Down"
(Do you know the reference? Yep! It's the epic 1965 comedy, Those Magnificent Men in Their Flying Machines.)
Though they could, in this instance, interest rates neither went up, tiddlee, up, up nor down, tiddlee, down, down. The Fed decided against cutting interest rates. Just about everyone (including