Fed raises interest rates for first time nearly a decade, citing ongoing U.S. recover

Reuters ^ | 12/16/2015 | BY HOWARD SCHNEIDER AND JASON LANGE

[LostInBayport]

Suddenly the unemployment rate will top 35% and those 90,000,000 unemployed will be discovered.

And the homeless, Dogbert, the homeless. I see them on streets, on medians, everywhere. When a Republican wins the White House, the "homeless crisis" will become a staple of old media "stories" once again.

[Kickass Conservative]

The Social Security 2016 Benefits Statements are hitting Mailboxes as we speak.

NO increase for 2016 because Inflation is ZERO according to the Overlords.

Funny how Interest Rates went up a day or two after those Statements were mailed. Just a coincidence I’m sure.

Anyone with Credit Card Debt will the first to notice...

[Zeneta]

When I see a range compression of price action I can’t help but to see a war.

Two armies going to war with a nearly unlimited arsenal of money and conflicting views but always ready to step aside, take the loss in order to fight another day.

A US rate increase will put the EUR/USD at 1.00 or lower.

There is nothing that can stop this.

Everything in between are just tactical skirmishes in an effort to balance the books.

[dp0622]

good to short the Eur/Usd.

And with that new mope in canada, shorting their currency will make a few bucks in the future.

[Svartalfiar]

Wow you mean I might get $1.07 in interest versus $1.05?

You might. But a business, who's on a much larger scale, might get $1.07M in interest instead of $1.05M. Your 2 cents is their $20k.

[kaehurowing]

If there had been a real recovery, they wouldn’t have to be talking about it now.

[SaveFerris]

More propaganda and lies. They’re trying to make everyone think everything is OK with this move. Wait until sales roll in around January / February.

One guy is saying hold off all major purchases until at least January.

[SaveFerris]

ABC, I think, was pimping what a boost this was to savers.

Please.....

[RedHeeler]

I’m in. January, it will retract within 20 days.

[SaveFerris]

I say, they’ll tough it out until March. Then, have to “rescue” the economy, creating over 300 billion jobs in America. Chris Matthew’s leg will have a thrill run up it yet again.