Federal Reserve Raises Interest Rate ~ Calen Smith 9th Period

On Wednesday (Dec 16) the Federal reserve raised its key interest rate from a range of 0% to 0.25% to a range of 0.25% to 0.5%. Although this is a very small hike, it will benefit millions of Americans including investors, home buyers & savers. 

Analysis: I think this is a very good thing. This shows that the economy is slowly but surely getting stronger and as a result it no longer has to rely on different crutches to help it keep stable. 

Read article here: http://money.cnn.com/2015/12/16/news/economy/federal-reserve-interest-rate-hike/index.html