What the Fed's Interest Rate Increase Means for You: 6 Things You Need to Know

I thought many of you would find this piece of interest. It really covers everything you need to know post rate hike. -- Brian Walls, Walls Financial Group Article written by Gail MarksJarvis, Chicago Tribune The Federal Reserve raised interest rates by a quarter-point Wednesday in a widely expected move. Although there have been two other quarter-point interest rate increases since the Great Recession, the rate tinkering has been so limited that people likely haven't noticed. Now, however, the Federal Reserve sounds serious about leaving the days of ultra low rates behind as the economy gets stronger. At this point, the Fed is leaning toward two additional quarter-point rate increases this

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