Yawn. The Federal Reserve, headed by corrupt Janet Yellen has finally decided to raise interest rates a whole 1/4 of a percent. This is the first interest rate hike since 2006. One of the main reasons for stocks being so overpriced is because of the zero interest rate for seven years during the Obama reign of terror. A 1/4 percent isn’t ‘historic’ as the media will try and tell you. It’s a cowardly move to keep money cheap and keep stocks artificially inflated.
BREAKING: The #FederalReserve approves the first interest rate hike in nearly a decade. pic.twitter.com/hu1hT8FZ2U
— FOX Business (@FoxBusiness) December 16, 2015
| Federal Reserve raises interest rates 0.25 percent |
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If the economy was doing as good as Obama and the Democrat media complex wants everyone to believe then the interest rate would have been hike more than just 0.25%.