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last night the U.S federal reserves fomc raised rates by 25 basis points as expected want to know more keep watching hello Im David and this is trading today last night the Federal Reserve raised rates by 25 basis points as expected we also saw the quarterly summary of economic projections from the fomc where each individual member gave their forecasts for GDP unemployment the FED funds rate and inflation going forward for this year and Beyond now what we take away from that looking at the Dot Plot in particular is that the fomc reconcile raise rates by another 25 pesos basis point sometime this year bear in mind theyre now standing at an upper range of 5 the last time this was they were this high was back in 2007. the interesting thing about that just before the banking crisis which led to the great financial crisis what are we seeing this time around were seeing failed Banks nasty parallels perhaps well it is quite interesting because whats also going on there not only is the Fe