Fed Expected to Raise Interest Rates

DALLAS (KLIF/WBAP) — The Federal Reserve is expected to raise interest rates Wednesday afternoon, after a two day meeting.

They’re trying to control growth in the economy by raising the interest rate another half percent.

This is the third straight time the Fed will raise the interest rate.

What does this mean for you and your bottom line?

Dave and Amy got some answers from Private Wealth Advisor Derrick Kinney.

Dave Williams & Amy Chodroff, KLIF/WBAP, Copyright © 2017

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