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Detailed text transcripts for TV channel - CNN - 20170315:09:39:00

believes the american economy can handle it. the american economy has strong job gains, and it s tarting to percolate. but investors will look for timing, how many times the fed will hike rates this year and how quickly. the fed has only raised rates two sints since 2015. before that it was ten years of ultra low interest rates to boost the economy. what will fed chair janet yellen say, if anything, about president trump s financial policies? in the past, she has pushed back against his plans to dismantle dodd-frank with the financial regulation reform. what does a rate hike mean for you? well, it isn t just a wonky two-day meeting with charts. higher interest rates mean higher borrowing costs. americans can expect to pay a bit more on your credit cards debt if you re holding a balance. new mortgages will likely rise. it s a good news for savers. a bump in interest rates means

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