What will The FED Interest Rates Hike Mean for The Average American ?

What effect would an interest rate hike have on US wallets? If and when the Federal Reserve Bank raises interest rates, which is widely expected, it would be the first such hike since the 2008 financial crisis. Raised rates will impact the cost of home mortgages and there will be consequences for corporations too. Eric Platt from the Financial Times joins Hari Sreenivasan with some insight to the possible raise.