Voternomics

67: The Fed Takes a Hike. What Should You Do?

America's central bank finally got around to raising interest rates for the first time in a year and signaled borrowing costs will keep rising from their currently low levels. Should you rush out to buy that house? Will savers get more bang for their bucks? Are more people going to drown in credit-card debt? Join Dan, Scott and special guest Steve Matthews, a longtime Bloomberg Fed reporter, as we discuss just why, exactly, you should care.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

This famously is the year of elections. So the Stephanomics feed has been taken over by our bonus series, Voternomics. It’s a weekly look at the way geopolitics - and elections - are upending the longstanding assumptions of policymakers and business people around the world. Hosted by Stephanie Flanders, head of Bloomberg Economics and former  BBC economics editor, former government advisor Allegra Stratton and Opinion columnist and author Adrian Wooldridge.