Fed Rate Hikes: Are We in a Cycle of Increasing Interest Rates?

Financial analyst Connell McShane discussed the current economic climate on WGN Radio 720, focusing on the Federal Reserve's interest rate hikes and their potential impact on the economy.

The conversation centered around whether the Fed is in a cycle of raising rates. McShane noted that this could have significant effects on consumer spending and borrowing costs.

The discussion also touched on rising oil prices, with McShane speculating when prices might decrease.