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Former Federal Reserve Chairman Ben Bernanke cracks open his wallet for Late Show host Stephen Colbert.

The Fed just marched ahead with an interest-rate hike — here’s what the increase means for your wallet

The Federal Reserve's interest-rate hike will push up interest rates for credit cards and other types of loans as banks raise the prime lending rate.
President Donald Trump and Federal Reserve Chair Jerome Powell

Trump blames the Federal Reserve for GM’s layoffs

President Donald Trump renewed his attacks on the Federal Reserve and Chairman Jerome Powell, blaming them for stock-market wobbles and GM's layoffs.
President Donald Trump and Federal Reserve Chair Jerome Powell

Trump blasts Fed interest rate hikes after reportedly complaining about Chairman Jerome Powell at a GOP fundraiser in the Hamptons

President Donald Trump criticized the Federal Reserve's interest-rate hikes during a private GOP fundraiser in Southampton, New York, according to a new report. Trump apparently complained about Fed Chairman Jerome Powell's decision to move forward with rate hikes.
President Donald Trump and Federal Reserve Chair Jerome Powell

Trump’s stunning comments about the Federal Reserve could actually backfire

President Donald Trump's comments that he was "not thrilled" by the Federal Reserve's recent interest rate hikes drew concern that Trump was pressuring the Fed to keep rates low. But according to one economist, the comment may have the opposite effect.
Stephen Colbert with the former Federal Reserve chair Ben Bernanke.

The Fed just increased interest rates — here’s what the hike means for your wallet

The Federal Reserve's June interest-rate hike means banks are increasing their prime lending rate. In turn, this means interest rates for things like credit cards and loans from these banks will go up.
Stephen Colbert with the former Federal Reserve chair Ben Bernanke.

The Fed just hiked interest rates — here’s how the move will hit your wallet

The Federal Reserve hiked interest rates on Wednesday, which means bank's prime lending rates for things like credit card also went up.

SocGen revises its Fed call, says only 1 rate hike is coming in 2016

The Fed may want 4 to happen, but Societe Generale Economists think they will only get 1.

20 years from now, economists will look to one thing to determine if the rate hike was successful or not

Wage growth is the key to the success of the Fed's monumental move.

The Fed decision was unanimous, and that says something about the future

"If the Fed moves as expected, a key will be if there are dissenting votes, and, if so, how many."