The Federal Reserve’s zero interest rate policy lives to die another day, as the Fed’s Open Market Committee opted this week to hold the line on a rate increase, as it has since December 2008, leaving investors and other market participants to try to read the tea leaves as best they can. “To support continued progress toward maximum employment and price stability, the committee today reaffirmed its view that the current 0 to 0.25 percent target range for the federal funds rate remains appropriate,” the FOMC said in its much-anticipated statement, issued mid-week. In making its decision about whether to raise the target range at its next meeting, scheduled for mid-December, the Fed said...