What the Fed’s interest rate hike means for your wallet

What the Fed’s interest rate hike means for your wallet More

The Federal Reserve is doing something it hasn't done since 2006: raising interest rates. The long-awaited announcement by Fed chair Janet Yellen hikes a key short-term rate from near zero. For a closer look at how the Fed made its decision, Gwen Ifill talks with David Wessel of the Brookings Institution and Tara Siegel Bernard of The New York Times.

AIR DATE 12/16/15