This includes such names as Fastenal Company FAST and Balchem Corp. BCPC , the first of which is in the business of nuts and bolts. The FOMC also mentioned last month that "global and financial developments continue to pose risks," which was one of the primary reasons why it did not hike rates. Additionally, the committee reduced its forecast for economic growth and offered an inflation rate outlook for this year which was weaker than that expected earlier.