Fed Rate Hike Hold Deemed "Hawkish"

Today was Fed Day and after weeks of speculation, number crunching and handicapping, the Fed did the expected by leaving the Fed funds rate right where it was.  The much anticipated move is being referred to as a "hawkish hold" in that there were comments contained in the release that stated there would be one more increase this year.  That would most likely be in December after the election.  Stocks shot upward after the announcement with the Dow closing up 163 points.