FED Raises Rates 1/4%

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p_rehbein

Senior Member
Sep 4, 2013
30,196
6,539
113
#1
.......Stocks soar.......new rate is 3.5%

FED believes economy stronger........

Some will be effected by this, others not so much I suppose........
 

crossnote

Senior Member
Nov 24, 2012
30,706
3,650
113
#2
First time in over 10 years?
Bah Humbug, just trying to make the Dems look good paving the way for Queen Grandma Clinton :rolleyes:
 

p_rehbein

Senior Member
Sep 4, 2013
30,196
6,539
113
#3
Maybe, but if that was their agenda, then they should have been raising the rate for the past seven years of the Obama Administration to make the Dems look good?

just saying............
 

Billyd

Senior Member
May 8, 2014
5,048
1,490
113
#4
All I can say is that "it's about time". The only problem is that it will cost more to service government debt, but the government will just borrow more to service the debt.