Expendsable Income News Today : Breaking News, Live Updates & Top Stories | Vimarsana

the prices down. first, what more can we expect with this decision from from the fed next hour? bottom line what does it mean for american families? >> reporter: i think hearing from powell will be highly scrutinized. i think economic projections. we will hear how fed officials are feeling about the state of our economy, not just right now but also for years to come in terms of things like gdp growth, inflation for sure. also unemployment, the battle of the bar here for short is interest rates. if you take a look at interest rates over the last few years, you can see they were pretty...

Right now, if you have credit card debt, get rid of it. it will be more expensive, more rate hikes coming. one expert suggested is it might go as high as 20% on average for many credit card holders. so that means if you are rolling that balance from month to month, it will cost you more. >> and so, you know, there's credit card debt down, paying that down. do people need to be stocking away savings right now or is that not -- i mean a lot of people don't have that expendsable income, i suppose? >> yeah. you know, if you have room in your budget, definitely supersize your savings right now. we ...