Pay more careful attention to what's been happening to the money supply than just interest rates anon.

>Fed is loaning money
>Buying bonds back
>Letting interest bearing accounts be opened up by banks at the Fed
>Give more interest than they charge
>Doing this to "keep money from circulating"
>Basically handing out free money to major banks while not fighting unemployment
>The "raised interest rates" just means that the subsidy is probably coming to an end
>Delayed reaction as money that was not previously circulating is pulled out of accounts at the Fed and circulated, triggering the money multiplier

It all depends on whether the Fed lets big corporations keep on making easy money or not. They sure as shit haven't been fighting unemployment.