Money Life With Chuck Jaffe Daily Podcast

McBride: The Fed will hike rates twice, and live to regret the last one.

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Synopsis

Greg McBride of Bankrate.com gave his forecast for interest rates in the coming year and said he expects the Fed to hike rates twice by June and then to stop the increases, but said he thinks the last one will cause some pain for the markets and the economy late in the year. He noted that it's a good time to be a saver, with yields on the rise, but said that borrowers will want to aggressively cut debt because it will be harder to do going forward. Also on the show, Tom Lydon of ETFTrends.com has his 'ETF o