Episode 3: The Role of Debt When Interest Rates Are Up
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In this episode, we explore the the role of debt in your finances and the broader economy, gaining fresh insights into our relationship with this multi-faceted tool. We’ll look at how rising interest rates affect your finances and the broader economy, and examine the impact of the Federal Reserve’s interest rate hikes on businesses and consumers amid the battle against inflation. We’ll also discuss how to distinguish between “good” and “bad” debt in personal budgets and examine the innovative use of debt for wealth-building among families.

 

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Meet the speakers

Trevor Skelley, vice president for Regions Private Wealth Lending.

Maya Brill, senior vice president and senior wealth strategist for Regions Private Wealth Management.

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