What A Fed Rate Hike Could Mean For Consumers03:36

This article is more than 2 years old.

The Federal Reserve is expected to announce an interest rate increase this week.

Here & Now's Jeremy Hobson speaks with Jill Schlesinger (@jillonmoney), CBS News business analyst and host of "Jill on Money," about how the rate hike might impact everything from mortgage rates to credit cards.

This segment aired on December 12, 2016.


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