Federal Reserve hikes interest rates - What it means for you
Federal Reserve hikes interest rates - What it means for you

Federal Reserve hikes interest rates - What it means for you

The Federal Reserve raised its benchmark interest rate by a quarter-point, bringing the target range to 3.75% to 4%. The rate increase is expected to make borrowing more expensive for homes, vehicles, credit cards and other major purchases. FOX's Olivianna Calmes has more.

Top Videos