Kelli B. Grant is a writer covering personal finance and consumer spending for CNBC.com.
Prior to joining CNBC.com, Grant was the senior consumer reporter for MarketWatch.com and SmartMoney.com. Her work has appeared in The Wall Street Journal, The New York Times, SmartMoney, Kiplinger's Personal Finance, Good Housekeeping, Real Simple and Family Circle, among other publications.
Grant holds a bachelor's degree in journalism and anthropology from Ithaca College.
While the long-term result of a rate increase will be positive for consumers, short term, it's likely to be costly.
One quarter of caregivers are millennials, and experts say that percentage is on the rise. As the pool of caregivers shrinks and the number of those in need rises, CNBC's Kelli Grant describes the future of caregiving.