The latest news about the Fed’s rate hike is making its way into the headlines of the major news outlets, but most people still don’t know why this move is important? Many wonder how this affects them. Read more below in this week’s episode of FinCap Friday:

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About the author

Yanely Espinal

Born and raised by Dominican immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before receiving her undergraduate degree from Brown University in 2011. As a member of the Teach For America Corps, Yanely taught third and fourth grades in Canarsie, Brooklyn. She received her master’s degree from the Relay Graduate School of Education in 2013. She spends her free time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also enjoys dancing, sewing, painting, listening to podcasts and babysitting her 7 future nieces and nephews!

This post FinCap Friday: who likes rate hikes?

was original published at “https://www.ngpf.org/blog/fincap-friday/fincap-friday-who-likes-rate-hikes/”