That two bit raise was pretty much a slap in the face for everyday people and most of the populace that's suffering and will suffer more from the current and rising inflation rate. The Fed should have been on this long ago, pretty much everyone saw this coming. When something is done half-assed, it can be worse, and many times is, than doing nothing at all.
But I guess profits have to come from somewhere with rising supply and labor costs.
Kleptocrats: a ruler who uses political power to steal his or her country's resources.
Kleptocracy: government by those who seek chiefly status and personal gain at the expense of the governed.