SALT LAKE CITY, Utah, Dec. 14, 2015 (Gephardt Daily) — The U.S. Federal Reserve voted to raise key interest rates by a quarter point Wednesday — the first such rate hike since December 2015, and only second since the Great Recession of 2008.
While the rate hike is seen as a vote of confidence in the U.S. economy, millions of average Americans are asking the question, “What’s it mean for me?”
To hear what local financial experts are saying about the impact, click on the video player above.
*City Creek Mortgage and New Millennium Group are both clients of Gephardt Approved, the parent company of Gephardt Daily.
