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What the Fed's rate hikes mean for your bank accounts?

Jonah Kaplan reports on why the Federal Reserve is raising interest rates and what that means for the economy and consumers.

Jun 17, 2022 (02:36)

10 p.m. forecast for Minnesota from Oct. 2, 2026 | NEXT Weather

10 p.m. forecast for Minnesota from Oct. 2, 2026 | NEXT Weather

St. Paul leader calls for election safeguards amid worries over federal involvement

St. Paul leader calls for election safeguards amid worries over federal involvement

2 hurt after shooting at Eden Prairie High School amid football game

2 hurt after shooting at Eden Prairie High School amid football game

6 p.m. forecast for Minnesota from Oct. 2, 2026 | NEXT Weather

6 p.m. forecast for Minnesota from Oct. 2, 2026 | NEXT Weather

U of M staff fearful of losing jobs amid proposed budget cuts

U of M staff fearful of losing jobs amid proposed budget cuts

How a Minnesota group is fighting for families claiming wrongful incarceration

How a Minnesota group is fighting for families claiming wrongful incarceration

NEXT Weather: 5 p.m. report on Oct. 2, 2026

NEXT Weather: 5 p.m. report on Oct. 2, 2026

12-year-old boy, Vikings' Aaron Jones share special bond

12-year-old boy, Vikings' Aaron Jones share special bond

Minnesota Attorney General candidates face off in debate

Minnesota Attorney General candidates face off in debate

Family of man killed in group home questions why suspect was allowed in facility

Family of man killed in group home questions why suspect was allowed in facility

Starkey unveils new hearing technology

Starkey unveils new hearing technology

Meet Maisie, a 3-month-old pup

Meet Maisie, a 3-month-old pup

NEXT Weather: 4 p.m. report on Oct. 2, 2026

NEXT Weather: 4 p.m. report on Oct. 2, 2026

Video shows 18-mile pursuit of pickup truck driver that ended in Blaine crash

Video shows 18-mile pursuit of pickup truck driver that ended in Blaine crash

NEXT Weather: Noon report for Minnesota on Oct. 2, 2026

NEXT Weather: Noon report for Minnesota on Oct. 2, 2026

University of Minnesota grad students’ union sounds alarm over $225M budget cut

University of Minnesota grad students’ union sounds alarm over $225M budget cut

Raw video: 18-mile pursuit of pickup truck driver that ended in Blaine crash

Raw video: 18-mile pursuit of pickup truck driver that ended in Blaine crash

DIY Friday: Halloween edition!

DIY Friday: Halloween edition!

Man About Town's picks for hot October Twin Cities events

Man About Town's picks for hot October Twin Cities events

People Of Color Career Fair returns to Minneapolis

People Of Color Career Fair returns to Minneapolis

Candy corn: Yea or nay?

Candy corn: Yea or nay?

NEXT Weather: 9 a.m. report for Minnesota on Oct. 2, 2026

NEXT Weather: 9 a.m. report for Minnesota on Oct. 2, 2026

NEXT Weather: 7 a.m. report for Minnesota on Oct. 2, 2026

NEXT Weather: 7 a.m. report for Minnesota on Oct. 2, 2026

Minnesota AG: Google data center could raise energy bills

Minnesota AG: Google data center could raise energy bills

Twin Cities suburb says Flock camera installed without permission

Twin Cities suburb says Flock camera installed without permission

Minnesota lost at least 31 people to domestic violence in 2025

Minnesota lost at least 31 people to domestic violence in 2025

Minnesota governor issues diesel fuel executive order

Minnesota governor issues diesel fuel executive order

4 Your Weekend: Oct. 2-4, 2026

4 Your Weekend: Oct. 2-4, 2026

White House border czar addresses Renee Good's death, and more headlines

White House border czar addresses Renee Good's death, and more headlines

NEXT Weather: 5 a.m. report for Minnesota on Oct. 2, 2026

NEXT Weather: 5 a.m. report for Minnesota on Oct. 2, 2026

A young football player gets guidance from a pro

A young football player gets guidance from a pro

NEXT Weather | 10 p.m. weather report for Oct. 1, 2026

NEXT Weather | 10 p.m. weather report for Oct. 1, 2026

Pushes for better street safety after a young girl was hit by a car

Pushes for better street safety after a young girl was hit by a car

NEXT Weather | 6 p.m. for Oct. 1, 2026

NEXT Weather | 6 p.m. for Oct. 1, 2026

A Twin Cities start-up is getting a big boost from a celebrated chef

A Twin Cities start-up is getting a big boost from a celebrated chef

A shocking link between zebra mussels and mercury

A shocking link between zebra mussels and mercury

A months long investigation into Mayor Her reveals new information

A months long investigation into Mayor Her reveals new information

Minnesota's LGBTQ+ community has a new magazine

Minnesota's LGBTQ+ community has a new magazine

NEXT Weather | 5 p.m. weather report for Oct. 1, 2026

NEXT Weather | 5 p.m. weather report for Oct. 1, 2026

A local restaurant saves a woman who was being followed

A local restaurant saves a woman who was being followed

Becca Good, partner of Renee Good, speaks out for the first time since fatal shooting

Becca Good, partner of Renee Good, speaks out for the first time since fatal shooting

Eden Prairie church's mission to help kids before they experience homelessness

Eden Prairie church's mission to help kids before they experience homelessness

The debate over rideshare has come to a head in Minneapolis

The debate over rideshare has come to a head in Minneapolis

European fashion comes to MIA

European fashion comes to MIA

Jack-O-Lantern Spectacular is back

Jack-O-Lantern Spectacular is back

Talking Points | How did Hennepin County leaders catch fraud as it was happening?

Talking Points | How did Hennepin County leaders catch fraud as it was happening?

Food writer Rick Nelson is telling a different kind of story

Food writer Rick Nelson is telling a different kind of story

NEXT Weather | 4 p.m. weather report for Oct. 1, 2026

NEXT Weather | 4 p.m. weather report for Oct. 1, 2026

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