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What an interest rate hike might mean for your wallet
Interest rates have remained historically low since the recession, but probably not for much longer.
The Federal Reserve signaled on Wednesday that the central bank is finally ready to hike rates, leading to speculation that the move could happen as soon as June.
What does a rate hike mean for your wallet? How would a rate hike affect the economy?
Guest:
Jeff Kearns, Federal Reserve reporter at Bloomberg News. He tweets