Fed will absolutely raise interest rates – despite being "too late"

With the imminent raising of interest rates by the Federal Reserve later today, one industry expert weighed in on their thoughts, saying the Fed is just too late. Because the Fed waited too long to raise rates, hoping that a “real” economic recovery was in play, which it absolutely, indisputably has not, they boxed themselves into a corner to have to raise rates now.

Source: Fed will absolutely raise interest rates – despite being “too late”