A Fed move toward prepping investors for higher rates would not have been such a bad idea, David...

|By:, SA News Editor

A Fed move toward prepping investors for higher rates would not have been such a bad idea, David Callaway writes. "The downside of delaying the inevitable another month... is that the Fed puts itself behind the farther eight ball when economic growth really starts to pick up. The risk is that when it does need to start raising rates, it will have to do so faster than most investors expect."