Go-slower approach prevails as Fed leaves interest rates unchanged

(RECAP: The Federal Reserve on Wednesday left interest rates unchanged and signaled it’s likely to take an even slower approach on raising the cost of borrowing against a backdrop of slower U.S. job creation and fresh worries about economic events abroad. Although investors expected the Fed to leave rates unchanged, the central bank’s more gingerly approach contrasted sharply with rosier comments of top officials just a few months ago.)