What effect would an interest rate hike have on US wallets?
Clip: 9/13/2015 | 3m 19s
Eric Platt from the Financial Times on the effects of a possible interest rate hike
If and when the Federal Reserve Bank raises interest rates, which is widely expected, it would be the first such hike since the 2008 financial crisis. Raised rates will impact the cost of home mortgages and there will be consequences for corporations too. Eric Platt from the Financial Times joins Hari Sreenivasan with some insight to the possible raise.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
What effect would an interest rate hike have on US wallets?
Clip: 9/13/2015 | 3m 19s
If and when the Federal Reserve Bank raises interest rates, which is widely expected, it would be the first such hike since the 2008 financial crisis. Raised rates will impact the cost of home mortgages and there will be consequences for corporations too. Eric Platt from the Financial Times joins Hari Sreenivasan with some insight to the possible raise.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...