Here Is The Key To Today’s Fed Decision

(Before It's News)

kingworldnews.com / December 16, 2015

With everyone anxiously awaiting today’s Fed decision, two legends in the business sent King World News powerful pieces about the key to today’s Fed decision.

“Many on Wall Street spend large chunks of their lives watching everything the Fed does. You’re lucky. You’re (probably) not one of them. To you, an inflation target has something to do with tire maintenance. ZIRP is sound that corduroy trousers make when you walk fast. Yellen is what happens when political discussions get heated at family dinners.” — Matt Phillips, Quartz

December 16 (King World News) – Today’s note from Jeffrey Saut, Chief Investment Strategist at Raymond James:  Well it’s here, D-Day where it is expected the Federal Reserve will raise interest rates by a quarter of one percent. The article from Quartz goes on to explain the sequence of events that got us here, beginning with the bursting of the housing bubble back in 2008. With that the financial system blew up, spinning the economy into the worst recession since the 1930s.

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