How consumers should response to the latest interest rate hike
COLORADO SPRINGS, Colo. (KRDO) -- On Wednesday, the Federal Reserve raised interest rates another .75%, bringing the rates to the highest level since 2008.
The latest in a series of hikes is another attempt to control skyrocketing inflation.
KRDO Newschannel 13's Bart Bedsole spoke to financial expert David Chang about what this means for those buying or selling a home, buying or selling a car, using a credit card, or wondering whether now is the time to invest or not.
Watch the full interview below: