…..FOMC raises rates; very expected; not hawkish. CPI inches higher. Retail sales slow. Business inventories rise. Twitter hacked. Dutch Trump loses. MIT rewards rules breakers. Financial Review by Sinclair Noe for 03-15-2017 DOW + 112 = 20,950 SPX + 19 = 2385 NAS + 43 = 5900 RUT + 20 = 1382 10 Y – .08 = 2.51% OIL + 1.24 = 48.96 GOLD + 21.10 = 1220.70 Today is Fed Day. Policymakers at the Federal Open Market Committee of the Federal Reserve raised interest rates, as expected. The decision to lift the target overnight interest rate by 25 basis points to a range of 0.75 percent to 1.00 percent marked one of the Fed’s most convincing steps yet in the effort to return monetary policy to a more normal footing. This was the second interest rate hike in the past 3 months, and only the third rate hike in the past decade. The Fed indicated it is still looking at 2 more rate hikes in 2017, which matches the guidance they provided in December. The Federal Reserve under Janet Yellen has been very good at communicating any changes in policy; they do nothing that could shock the markets. The Fed issued a statement confirming their view that the “labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Job gains remained solid and the unemployment rate was little changed in recent months. Household spending has continued to rise moderately ...