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The Federal Reserve is scheduled to meet this Wednesday and Thursday, and many are speculating that they will raise interest rates. 

MPR News host Kerri Miller guides a discussion that looks at what goes on at Fed meetings, how the decision to raise interest rates is made, and what effect higher rates would have for you.

A discussion about what goes on at Fed meetings, how the decision to raise interest rates is made, and what effect higher rates would have for you.

The Federal Reserve is scheduled to meet this Wednesday and Thursday, and many are speculating that they will raise interest rates. We look at what goes on at Fed meetings, how the decision to raise interest rates is made, and what effect higher rates will have for you.

Guests: Binyamin Appelbaum, Washington correspondent at New York Times;
Kelli Grant, personal finance and consumer spending reporter at CNBC

Discussion: Will The Fed hike interest rates?

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