Wsj Your Money Briefing

The Federal Reserve approved plans to raise interest rates by half a percentage point, and more rate hikes are expected later in the year. WSJ personal-finance reporter Julia Carpenter joins host J.R. Whalen to discuss what higher interest rates mean for consumers’ credit-card balances, student loans and mortgages, and some steps they can take to protect their personal finances. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.