Related Program: Business Brief Business Brief: Interest Rate Hike Good For Business By WJCT News Staff • Dec 21, 2015 Related Program: Business Brief ShareTweetEmail Credit Frankie Leon via Flickr The Fed raised interest rates last week after six years of historically low rates. In this week’s Business Brief, WJCT Business Analyst John Burr tells News Director Jessica Palombo what that means for people on the First Coast. Listen Listening... / 3:35 Hear the segment airing on 89.9 WJCT Tags: Business Briefinterest ratesbanksJacksonville UniversityUniversity of North FloridaeconomicseconomyShareTweetEmail Related Content Regions Bank Ramping Up Business Loan Services In Jacksonville By Timothy Gibbons • Sep 22, 2015 Google Maps Listen Listening... / 0:39 Hear the segment airing on WJCT 89.9 FM Regions Bank has been expanding its presence in Jacksonville over the past year, and now it’s taking another step forward. JPMorgan Reportedly To Pay $4 Billion To Mortgage Borrowers By Scott Neuman • Nov 19, 2013 JPMorgan Chase & Co. will pay $4 billion to consumers who were hurt by faulty mortgage underwriting, part of a larger $13 billion deal to settle the bank's liability in the collapse of toxic securities during the housing crisis. The deal is expected to be announced this week.