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

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

By Bloomberg

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.

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