US Fed to raise rates with trade tensions on horizon

[ABX]

....The Federal Reserve this week will fire the opening salvo in a series of interest rate hikes this year, hoping to get out in front of an expected pickup in inflation.
The first rate hike of the year is overwhelmingly predicted by futures markets, analysts and investors alike to come Wednesday at the conclusion of the Fed’s two-day policy meeting. It also will be the first under newly-installed Fed Chairman Jerome Powell......

http://www.breitbart.com/news/us-fed-to-raise-rates-with-trade-tensions-on-horizon-2/

[jmyrlefuller]

Well, we're waiting.

[IsailedawayfromFR]

Interest rate increases are way overdue.

They have been artificially kept low for one simple reason:  Politics.

[Free Vulcan]

Followed by borrowing costs for the debt rising and taking more tax revenue from the Treasury.

[Drago]

Only about 7 years late!  The Fed is enabling bad behavior by politicians by monetizing the national debt.

[InHeavenThereIsNoBeer]

Only about 7 years late!  The Fed is enabling bad behavior by politicians by monetizing the national debt.

Or 70 years.

I've long thought our position as the reserve currency and the great "safe haven" would turn out to be a huge curse over the long term.