The Federal Reserve "has" to raise rates because it has telegraphed it will do so and if it doesn't, the markets will drop because it will seem like the central bank "caved to the president," says former Wells Fargo CEO Dick Kovacevich. ....
https://www.cnbc.com/2018/11/08/market-will-plunge-if-fed-doesnt-hike-rates-in-december-kovacevich.html
https://www.cnbc.com/2018/11/08/market-will-plunge-if-fed-doesnt-hike-rates-in-december-kovacevich.html
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