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12.14.2016 Bookmark

12.14.2016

Hello all, welcome to Fed day.  Yes, today is the day that we'll see our first rate hike in exactly one year.  

Last December, no one thought they'd hike rates, but I continued to say that they would and for just a couple reasons. First, the .25 basis point hike would do nothing and second...they had talked about hiking for so long that if they didn't do it, people might actually start laughing at their analysis of things. 

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