FED Raises Rates to 5.25

Hmm, very bullish sentiment that they may pause in raising rates in their next meeting.

In the statement explaining the decision, Fed Chairman Ben Bernanke and his colleagues said that "the extent and timing of any additional firming that may be needed to address these risks will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information."

Again numbers like the PPI and the CPI are going to have an even greater chance of moving the market. More then forecast GDP growth might hurt the numbers as well. That expected pause sure helped financials. XLF is up 2% today.