Mattias Bruér from SEB Research and Strategy:
As widely expected, for the first time since 2006 the Fed announced
that it is raising interest rates thus making the zero interest policy history
as of today. The target range for the fed funds was taken to 0.25-0.50
per cent with none of the 10 voters dissenting. The decision seem to have
injected confidence in stock markets, while 2-year yields rose a few points to
the highest levels seen since April 2010.
