The FOMC's had there meeting last week where they spoke on tensions between Russia and Ukraine. They also outlined the plan to raise interest rates to 2% to help ease economic pressures. Many investors believe that they should have done this sooner but it is still a good step forward for getting the overall economy back on track. There has been many macroeconomic pressures that have weighed heavily on the volatile economy. With tensions continuing between Russian and Ukriane, the US has imposed various sanctions on the country of Russia. The affects of those sanctions have been felt by many Americans especially at the pump. Oil prices have risen to an all time high of $130 per barrel which is the highest it has been since 2008. Although gas prices have seemingly eased, there are still many issues that are hindering the overall progress of the market.
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