Yellen said yesterday that despite low inflation, the U.S. expects to continue raising rates with the intention of cooling the economy. While Yellen left rates unchanged this time, she confirmed expectations of another increase this year and more to come. In the wake of the 2008 market shock the U.S. central bank and others around the world did not just cut interest rates. The Fed plan is not to sell bonds. Yesterday Yellen announced the plan is to start in October, letting $10 billion worth drain out of the reservoir and into the normal economy.

Source: CBC News September 21, 2017 08:59 UTC