WSJ What’s News

Another Rate Hike: What Does It Mean For Your Personal Finances?

11.02.2022 - By The Wall Street JournalPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

P.M. Edition for Nov. 2. The Federal Reserve raised interest rates by 75 basis points today, for the fourth time in a row this year. Personal finance reporter Julia Carpenter joins host Annmarie Fertoli to talk about the hikes’ cumulative effect on Americans’ wallets and financial planning, from credit card debt to savings and whether to hold off on a down payment for a home.

Learn more about your ad choices. Visit megaphone.fm/adchoices

More episodes from WSJ What’s News