Please help me out here on just where the Fed as announced raising rates. All I'm getting from the FOMC is that
"...if incoming information indicates faster progress toward the Committee’s employment and inflation objectives than the Committee now expects, then increases in the target range for the federal funds rate are likely to occur sooner..."
--and don't forget that the sun will nova in a few billion years too. Back on planet earth, inflation yesterday (PCE Prices - Core) was zero. As expected. Like the previous month.
Plenty of them (Fed governors) talking about when they are going to raise this year. Bullard yesterday as an example.