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: