FED'S DECISION

After last nights FED decision to raise interest rate, citing resource utilization and commodity prices as having "the potential to add to inflation pressures." The markets sharply fell and today the market seems to wait what next but we could expect the intrest rate, so what?

Is there a disappointment here? "In any event, the Committee will respond to changes in economic prospects as needed to foster these objectives."
(Federal reserve realease)

Did we expect Bernanke saying the interest rates will never rise in the future again? The FED will raise interst rates wehn they think it is necessary to do so, be it Bernanke or Greenspan. Nothing abnormal.

The DOW JONES at outbreak levels but still within the upgoing trend and recovering at the moment. See graph.

FED
Dow Jones