5 ways the Fed and higher interest rates may impact you

With the Federal Reserve likely to raise its benchmark interest rate to curb inflation, Andy Baxley, CFP®, CIMA®, Sr. Financial Planner at our Chicago office recently shared with CNBC how this decision may impact you.

Andy Baxley, CFP®, CIMA®, is a Financial Planner in the Chicago office of The Planning Center, a fee-only financial planning and wealth management firm. Email him at andy@theplanningcenter.com.