Fed raises rates: What it means for your money - WTVC

The Federal Reserve has raised interest rates for the first time in several years, sparking questions about what it means for consumers and the economy. Financial experts Bobby Futch and Tim McDermott break down why the Fed made this move, what it signals about inflation, and how it could impact everything from mortgages and credit cards to savings accounts and retirement investments. Watch the interview to learn what these changes could mean for your financial future.