[Faraday]

The market feared a 1/2 point rise, 1/4 point was priced in. A series of these marginal increases may occur. But the dollar won't strengthen fast enough to hurt our exports before the election. This is very favorable for the President's reelection.

[Moonman62]

The market feared a 1/2 point rise, 1/4 point was priced in. A series of these marginal increases may occur. But the dollar won't strengthen fast enough to hurt our exports before the election. This is very favorable for the President's reelection.

Since when does our economy hinge on exports?

However, the anticipation of raised interest rates have helped the dollar strengthen and oil prices are coming down.