Our Favorite Links in the Wake of the Rate Hike

In what is a good sign for the overall economy, the Federal Reserve announced today it would hike interest rates from the current near 0 level to 0.25%.  The widely expected move is sigificant because it marks the first time the FOMC will raise rates off of 0 since its unprecendented move to lower rates to stimulate the economy in December of 2008.

This is an historic decision and one market watchers have been anticipating for years.  As a result, coverage of the announcement has come in from all angles.  Below are a few of our favorite articles:

• The Washington Post wrote a great explainer earlier this week on everything you need to know about the Federal Reserve’s expected interest rate hike.
• Vox points out that this first hike since 2006 is a big deal.
• Do you remember what the world was like in 2006?
• The Fed increased rates but expects rates to increase at a slower pace than before.
• Bond markets took the move in stride.
• FiveThirtyEight asks now what?
• Barrons takes a more stock specific look at what to expect.
• Morgan Stanley points out that the Fed is on schedule compared to past rate hike decisions.
• Here are all the charts you could want.