I really doubt that fed is going to raise the interest rate. Even if they did, it's only going to be fraction of percentage point.

Why? They just can't. If they raise the interest rate, that's more interest that the government is having to pay to fund their activity. Which means they will have to raise taxes or cut government benefits. Which is a political suicide for the people that's in control.

Look at places like Japan and Europe where the interest rates have been something like .10% for years. They just had to keep lowering it until it's in the negatives. Once you lower the interest rate, it's hard to go back.