The End of Zero

For the first time in nearly a decade, the Fed did what most observers expected them to do and raised interest rates. “The Federal Open Market Committee unanimously voted to set the new target range for the federal funds rate at 0.25 percent to 0.5 percent, up from zero to 0.25 percent.”

+ From the NYT: What happens when the Fed raises rates, in one Rube Goldberg Machine. (Because sometimes, even charts aren’t fun enough.)

+ That being said … charts.