Federal Reserve officials’ comments indicate rate increase imminent!

http://www.nytimes.com/2015/11/13/business/economy/several-fed-officials-say-they-are-ready-to-raise-rates.html?WT.mc_id=SmartBriefs-Newsletter&WT.mc_ev=click

Federal Reserve officials, poised to start raising the central bank’s benchmark interest rate in December, are turning from the question of whether to act to how quickly the Fed should raise rates thereafter.

William C. Dudley, the president of the Federal Reserve Bank of New York and the first senior Fed policy maker to signal in late August that the Fed wasn’t quite ready to raise rates, said on Thursday that his reasons for hesitation have receded. Now, he said, he sees a stronger case for moving ahead.

“I think it is quite possible that the conditions the committee has established to begin to normalize monetary policy could soon be satisfied,”Mr. Dudley told the Economic Club of New York. He said he saw the risks of acting too soon and waiting too long as “nearly balanced.”

The remarks by Mr. Dudley, an influential adviser to Janet L. Yellen, the Fed’s chairwoman, reflected the tentative consensus among Fed officials that the time has come to raise the benchmark rate when the Federal Open Market Committee meets in Washington on Dec. 15 and 16.

We'll see, the FED mouth pieces will raise, and a few weeks down the road they will lower and then pour on more QE...Be nice to lock in a good CD rate lol.