Re: The FED my be reversing that 0.25% rise
A couple other countries have successfully done this (negative interest rates) so rather than being theoretical it is something they could actually consider
Define success? Sweden and Switzerland have done it to push the exchange rate down; Japan is just going into it despite failing to get the economy growing with all other forms of expansive monetary policy.
Negative and near-zero rates have extremely deleterious effects on any form of saving. And, as we're seeing, they encourage the dependency on the Greenspan put: that central banks will always intervene to support asset prices.
The US is fine: capital is flowing back in from overseas and it has low energy costs. Of course, the next government shutdown won't be far away. But there are the slight problems of entitlement and pension funding…