June 22nd, 2013
How interest rate changes may affect loans, credit cards
The Fed announced it would slow the economic stimulus program, spooking the markets and causing the Dow to drop 550 points. How does that affect the lives of everyday people? “You’re going to need to have a steel stomach at least for the next six months,” said CNBC’s Kayla Tausche. Kayla Tausche is interviewed by TODAY’s Erica Hill.