# Professor Robert Engle discusses how the anticipated Federal Reserve rate increase impacts volatility in financial markets

1 Faculty News December 14, 2015 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/videos/2015-12-14/charting-the-risk-of-a-federal-reserve-rate-hike) -- "We are expecting a lot of volatility this week, but in fact we saw it last week, I think. In the run up to the Fed's decision, I think a lot of pressures that were already building in the high-yield bond market really came to a head on Friday, and we had a pretty big bloodbath ..."

[Read more](http://www.bloomberg.com/news/videos/2015-12-14/charting-the-risk-of-a-federal-reserve-rate-hike)