On a Percentage Basis This Rate Hike is a Big Deal (Video)

By EconMatters
It is a misnomer to think of the rate hike in terms of only being 25 basis points; on a percentage basis of the current effective Fed Funds Rate is what matters, and why this rate hike will have a meaningful impact on cross asset fund flows. Back to Back Rate Hikes for the first time since 2006.
https://www.youtube.com/watch?v=cUCLqu403Fs