2015 could be the year the Fed hikes interest rates

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?

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