September 11: At this point, a Fed rate hike may be largely symbolic (Los Angeles Times)

September 11, 2015

It has become one of the most anticipated — and dreaded — events of the year. Some are calling it the Y2K of 2015, referring to the fears of widespread potential computer breakdowns at the turn of the century.

At the stroke of 2 p.m. Eastern time Thursday, the Federal Reserve will announce whether it will make its first interest rate hike in nearly...

Full Article