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Podcast: Money Life with Chuck Jaffe
Episode: BankRate's McBride says the Fed's rate-hike message was muddy
Description: Greg McBride, chief financial analyst at BankRate.com, says that the Federal Reserve made it clear on Wednesday that it still needs to fight to get the Fed Funds rate above the rate of inflation to put the brakes on the economy, and while the Fed seemed to hint that it would only hike rates one more time this year, it's entirely possible that there will be more increases. What there won't be are rate cuts; McBride sizes up what it all means for consumers in The Big Interview. Tom Lydon, vice chairman at VettaFi, turns to a popular...