Here's What You Need to Know About the Federal Reserve's Rate Hike

The Federal Reserve raised rates during their December meeting, here's what you need to know.
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The Federal Reserve hiked rates during the December meeting. 

The meetings minutes were released at 2:30 p.m. ET Wednesday, Dec. 19. 

Real Money contributor Sarge Guilfoyle broke down his thoughts on the meeting and what investors should keep an eye on. 

"The committee judges that some further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective over the medium term," read the Federal Reserve's press release. 

Guilfoyle breaks down why that quote is a little worrisome and other things that he's got his eye on now that the Fed has hiked rates. 

Want more of Guilfoyle? You can read more of his pieces over on Real Money.