Consumer financial services company Bankrate is forecasting that the Fed will finally hike interest rates this year.
What will this mean for cash-flush consumers, and their growing appetite for new cars, new mortgages, and other forms of debt? And how far up do experts predict the rates will hike in 2015, and what impact may this have on the rest of the world’s tepid growth?
Click the media player above to hear more.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.