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A view of the Federal Reserve September 17, 2015 in Washington, DC. The Federal Reserve held its key interest rate locked at zero Thursday, pointing to the downturn in the global economy even as US growth remains steady."Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term," the Fed said. AFP PHOTO/BRENDAN SMIALOWSKIBRENDAN SMIALOWSKI/AFP/Getty Images
A view of the Federal Reserve September 17, 2015 in Washington, DC. The Federal Reserve held its key interest rate locked at zero Thursday, pointing to the downturn in the global economy even as US growth remains steady."Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term," the Fed said. AFP PHOTO/BRENDAN SMIALOWSKIBRENDAN SMIALOWSKI/AFP/Getty Images

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    Fed raises interest rates for first time since 2006

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Fed raises interest rates for first time since 2006

The Federal Reserve has raised interest rates for the first time since 2006. CNN's Richard Quest looks at what kind of impact it will have on the markets.

Fed raises interest rates for first time since 2006

The Federal Reserve has raised interest rates for the first time since 2006. CNN's Richard Quest looks at what kind of impact it will have on the markets.