pay attention to today's Fed announcement

After a pretty weak day yesterday on North American markets, European markets have started this morning broadly higher. North American markets look poised to rise when they open. Investors should be watching carefully as the US Federal Reserve releases its decision on interest rates. Everyone recognizes that interest rates must eventually turn higher, but today's meeting may give us a sense if the rate increases will occur quickly, or off in the distant future. This could have a meaningful impact on your portfolio, so pay attention to today's Fed announcement.