Dr. Simon Medcalfe, associate professor of finance at Augusta University, explains what the first interest rate hike since the Great Recession means for the average person.
![](https://jagwire.augusta.edu/wp-content/uploads/sites/15/2015/12/Simon-Medcalfe.jpg)
Dr. Simon Medcalfe, associate professor of finance at Augusta University, explains what the first interest rate hike since the Great Recession means for the average person.