Wednesday, December 16, 2015

Here's How The World Looked The Last Time The Fed Raised Interest Rates

June 2006 was a magical time, when Adam Sandler ruled the silver screen, Shakira ruled the Billboard charts and mobile phones were still garbage.

Tim Sloan / AFP / Getty Images

There are Wall Street traders today who were mere tweens the last time this happened. And it was a terrible time to be a tween: the Nintendo Wii hadn't even been released yet.

The Wii launch date was announced in Japan a few months later.

The Wii launch date was announced in Japan a few months later.

Yoshikazu Tsuno / AFP / Getty Images


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