Ahead of the Fed announcing the anticipated interest rate hike to help curb inflation on Wednesday, Cheddar News broke down the impacts of the rate increase. Dan Geltrude, managing partner at Geltrude & Co., joined Cheddar News to discuss what should be expected. Although it's anticipated that the Fed will increase the rate by at least 75 basis points, there's an outside chance that it could be as high as 100 basis points.