The Spark

The only certainty is more Fed uncertainty

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It's time for a rate hike: Ex-Fed's Fisher

Whatever the Federal Reserve does Thursday, it won't end "uncertainty."

That raising rates will somehow "end the uncertainty" for markets and for the broader public is a claim that has lately become commonplace.

Even Richard Fisher, former president of the Dallas Fed, repeated that on "Closing Bell" Tuesday.

"For the sake of the real economy, get rid of this uncertainty," he said, urging the Fed to go ahead and raise interest rates for the first time in over a decade.