Fox Business: Fed Raises Interest Rates for the Fourth Time This Year

The Fed raised interest rates again, and the Dow closed at its lowest point in 2018. With the benchmark interest rate upped a quarter-percentage point to a range between 2.25-2.5%, it will cost more to borrow money and that will affect everything from mortgages to credit card spending. Kimberly Foss joins Fox Business to talk about what this will mean for investors and what to expect in 2019.