NerdWallet CEO on Impact Fed's Interest Rate Hike Could Have on Credit Card, Mortgage Rates

The Federal Reserve issued its biggest rate hike in more than 20 years Wednesday, raising rates by half a percentage point in an effort to flight inflation. The change is leaving many wondering about the impact it could have on rates for mortgages and credit cards. Tim Chen, co-founder and CEO of NerdWallet, joins Cheddar News' Closing Bell to discuss.
We use cookies and similar technologies on this site to collect identifiers, such as IP address, and cookie and device IDs as described in our Privacy Policy.