Fed Raises Interest Rate a Quarter Point – Nothing Changes…

Posted on March 15, 2017 by sundance
It’s really interesting to read the financial presentation of Reuters in their article outlining the Fed, Chair Janet Yellen, decision to raise interest rates a quarter point (.25). Keep in mind that Reuters traditionally slants left (globally) on all economic presentations.
Those Treepers who have followed our economic analysis will note the disparity between Yellen’s justification and the inconsequential impact therein. The Stock Market never even flinched today. Part of the reason is the disconnected (traditional) view of economics within the current Yellen justifications. It ain’t just us who sees this “new dimension“.

Emphasis in citations are all mine.
(Reuters) The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank’s target.
The decision to lift the target overnight interest rate by 25 basis points to a range of 0.75 percent to 1.00 percent marked one of the Fed’s most convincing steps yet in the effort to return monetary policy to a more normal footing.
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