The Fed Awakens - Actuarial Reactions Vary

Image from Jeff Burney at
 http://www.cartoonmovement.com/cartoon/26133

The rumors, speculation and controversial photos of the fed funds rate looking a bit pudgier than normal can come to an end as Janet Yellen confirmed that rates are no longer zero.

The recent Fed announcement that marked the end of easy money also sparked interesting reactions from the actuarial community.