The Federal Reserve delivered yet another dovish surprise for financial markets. The dollar sank in the most in nearly two months, Treasuries posted the biggest gain in over a year and stocks...didn’t do much of anything.

The Federal Reserve’s big surprise could spell disaster for dollar bulls.

Indonesia’s central bank left its benchmark interest rate unchanged for a fourth month as the U.S. Federal Reserve’s shift to a prolonged pause gives policy makers in Southeast Asia’s biggest economy room to support growth.

Central banks from the U.S. to Asia are turning dovish as they increasingly fret about getting inflation to pick up in a bruised global economy.

Federal Reserve policy makers have concluded that when in doubt, do no harm.

Federal Reserve Chairman Jerome Powell said interest rates could be on hold for “some time” as global risks weigh on the economic outlook and inflation remains muted.