Federal Reserve officials, amid signs that the U.S. economy soon could shed its long period of stagnation, approved the first interest rate hike in a year Wednesday and indicated a modestly more aggressive path ahead. The Federal Open Market Committee raised its target range from 0.25 percent to 0.5 percent to a range of 0.5 percent to 0.75 percent. The overnight funds rate currently sits at 0.41 percent. The committee also approved a quarter-point increase in the discount, or primary credit, rate, from 1 percent to 1.25 percent. The decision was unanimous. Previous meetings had featured dissents from as many as three members who felt the Fed should resume a rate-hiking cycle it began in December 2015. In addition to approving the much-expected increase, the FOMC also indicated a higher rate than projected back in September when it last released the quarterly look ahead. The committee now expects three rate hikes in 2017, two or three in 2018 and three in 2019. Did the Federal Reserve raise interest rates, because they are absolutely fearful of President Trump? Now I'll say personally that if Hillary Clinton was our next President, this Federal Reserve rate hike likely wouldn't of happened. For the Federal Reserve...Or Bank Of Evil to raise interest rates, it took Donald Trump to become President for them to do it. Now right now the markets are a little on the unpredictable side after this decision, but it shouldn't surprise us...Since this is the first time the Fed raised rates since 2006. However what most fear this interest rate hike will do is slow the economy, and of course the evil Federal Reserve would do this in a President that doesn't apporve of their policies. However this move will likely be good for comodities. If Trump had plans to abolish the Fed, this move by the FED likely made his decision easier.