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CNN Newsroom With Brooke Baldwin-20151216-19:03:00

problems in the junk body market, will that still over into something bigger? not hearing worries about that just yet. but it's been so long zero interest rates many saying it just time too raise the interest rates. really important thing here, janet yellin the speak at 2:30, it will be critical what she says. what are they saying going forward? everyone expected this. gradual increases from here, that and that's what the markets want to hear, that they won't jack up interest rates really quickly but gradually raising from here. >> will she explain, now that we have the news it will be raised, will the chairwoman janet yellin explain what will happen over a prolonged course of time? do we have to wait to see how the economy is in 2016? >> i think you'll see a lot of caveats. they'll say barring any kind of "x" or "y." we want to hear what she says about the global economy but so far in the statement there aren't big concerns about the global economy. there will be caveats and the

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