Main Content

TODAY
WEEKDAYS 7AM ET

How rising interest rates will impact credit cards, mortgages, more

CLIP01/27/22
Also available on the usa app

The Federal Reserve announced Wednesday that an interest rate hike is coming in March, following two years of near-zero rates. NBC News senior business correspondent Stephanie Ruhle breaks down what this will mean for your wallet saying, “If you can start paying down your payments, do it now.” She also explains why rising interest rates could help lower prices across the supply chain. “Interest rates and inflation move together, it’s the tool the Fed uses to keep inflation in check,” she says.

Appearing:Savannah GutherieHoda Kotb
Tags: al roker, entertainment, food, hoda kotb, International News, money, Natalie Morales, Savannah Gutherie, sports, style, today, Today Show, Breaking News, Concerts, domestic news, health, Home, Interviews, Media, Parents, pets, politics, shopping, weather
S0 E03 minNRExcerptNews and InformationDaytime

Episodes

We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences. By using the site, you consent to these cookies. For more information on cookies including how to manage your consent visit our cookie policy.