As Fed Raises Interest Rates, Reactions In Houston And Raleigh

03:56

December 16, 2015

In downtown Raleigh, mixed use construction is on the rise. Economist Mike Walden of North Carolina State University sees the rise in interest rates as a positive referendum on the economy. (bz3rk/Flickr)

Financial experts have been debating whether the Federal Reserve's interest rate hike will be a good thing. But how do "regular" people feel about it? Florian Martin from Here & Now contributor Houston Public Media talked with some of them in the nation’s oil capital.

Meantime, in the Research Triangle region of North Carolina, especially in the capital city of Raleigh, there are booming signs of growth. Experts say a rise in the interest rate is unlikely to slow things down. Leoneda Inge of Here & Now contributor WUNC reports.

Reporters

Florian Martin, reporter at Houston Public Media. He tweets @Florian_News887.
Leoneda Inge, reporter at WUNC, North Carolina Public Radio. She tweets @LeonedaInge.

This segment aired on December 16, 2015.