Federal Reserve raises key interest rate 0.25%, signals more hikes likely

, which have fallen back to 6.13% after having hit a high of 7.08% in November.

"The Fed is staring down the barrel of an upturn in economic activity," Neil Dutta, the head of U.S. economics at Renaissance Macro financial group, wrote in a recent note to clients. A 0.25% interest rate hike may end up proving too small, Dutta said — with the risk that the Fed will have to return to a stricter policy later."The Fed’s story only works if the economy is slowing down. Sorry, but I don’t see it.

'As if any increase is a good thing. Increases in such interest rate had done nothing for the American people but serve as a tax. The American people to carry thus burden. As its' the American people people who will pay thus increase, since the government is not the people.'

So why do they keep raising it?!!!

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