What does the interest rate increase mean for me?

What does the interest rate increase mean for me?
What does the interest rate increase mean for me?

What does the interest rate increase mean for me?

As expected, the Federal Reserve raised interest rates Wednesday by a quarter of a percent. Jason Abbruzzese, business reporter at Mashable, joins us to explain what this means for Wall Street, Main Street, the global economy, and your average Joe. (Flickr/Chris Butterworth)