The Fed Is Expected To Begin Raising Interest Rates Soon, But How Quickly?

The U.S. economy added 211,000 jobs in November, all but cementing expectations that the Federal Reserve will opt to raise interest rates in December. Fed Chair Janet Yellen's diagnosis of an economy that has "recovered substantially" since the recession was only bolstered by the data, which showed the U.S. unemployment rate is a healthy 5 percent.