This action has been anticipated for some time. And the market appears to be unaffected. As such, other interest raises in 2017 are expected as well.
Fed hikes rates, sees 3 more rate hikes in 2017 https://www.yahoo.com/finance/news/fed-fomc-rate-hike-meeting-december-2016-150648871.html https://www.yahoo.com/finance/news/fed-fomc-rate-hike-meeting-december-2016-150648871.html Fed hikes rates, sees 3 more rate hikes in 2017 https://www.yahoo.com/finance/news/fed-fomc-rate-hike-meeting-december-2016-150648871.html For the first time this year, the Federal Reserve raised interest rates on Wednesday, a widely expected move following strengthening economic repor... View on www.yahoo.com https://www.yahoo.com/finance/news/fed-fomc-rate-hike-meeting-december-2016-150648871.html Preview by Yahoo