New Year look ahead

12:00 AM ET Thu, 31 Dec 2015

Now that the Fed has raised rates after a seven-year gap, what will it mean for your money? We’ll get predictions on how your credit cards, mortgage, and savings could be impacted. Plus, will low gas prices remain, and how could that drive the economy in 2016? We ask Jared Bernstein of the Center on Budget and Policy Priorities and the Cato Institute’s Peter Goettler for their insights.