6 Experts Will Explain What You Should Do If The Fed Raises Rates In 2015

To say the Federal Reserve’s actions over the past few years have been interesting will be somewhat of an understatement.

But what will the Fed do for the economy in 2015? And how should investors prepare?

Not everyone has those answers, but Benzinga has put together a special broadcast on its #PreMarket Prep show featuring some of the experts who do. They’ll share insights on central banks, the global economy, monetary policy and more.

#FedForecast2015 is this Friday, January 2 from 8-9:45 a.m. ET. Register here for free.

Since those who do not learn from history are doomed to repeat it, the segment will feature both the perspectives of an insider (former Federal Reserve Officer Thomas Simpson) and outsiders (Wall Street Journal veteran David Wessel).

But focusing too much on the past leaves no room for the future, so CNBC forecasters Peter Schiff and Ron Insana will join the segment, too. There’s a couple of wild-card guests for some extra color as well.

Related Link: Meet The 6 Experts Judging The Future Of Financial Technology

The best part? Every member of the audience has a chance to have their questions answered by the pundits during the live show. Just join the chatroom, type in a question and have the most knowledgeable people in these subjects answer them.

Check out the full schedule for #FedForecast2015 on Friday, January 2 below:

8:00 a.m.

David Wessel (@davidmwessel), Former Wall Street Journal Reporter & Director of Hutchins Center on Fiscal and Monetary Policy

David Wessel is director of the Hutchins Center on Fiscal and Monetary Policy, which provides independent, non-partisan analysis of fiscal and monetary policy issues in order to further public understanding and to improve the quality and effectiveness of those policies. He joined Brookings in December 2013 after 30 years on the staff of The Wall Street Journal where, most recently, he was economics editor and wrote the weekly Capital column. He is a contributing correspondent to The Wall Street Journal and appears frequently on NPR’s Morning Edition.

Thomas Simpson, Former Federal Reserve Officer and Author of "Financial Markets, Banking, and Monetary Policy"

At the board, Thomas Simpson was a senior officer, with responsibilities in the area of monetary policy, economic forecasting and financial markets, and served as an officer of the Federal Open Market Committee. In addition, he represented the Board in various outside organizations, including the Committee on Financial Markets of the Organization for Economic Cooperation and Development (OECD) in Paris.

8:45 a.m.

Peter Schiff (@PeterSchiff), CEO and Chief Global Strategist at Euro Pacific Capital

Euro Pacific Capital is a U.S.-based full-service, registered broker/dealer specializing in foreign markets and securities. Peter Schiff is the chairman of Euro Pacific Precious Metals and Euro Pacific Bank, Peter's international brokerage firm. He is also the radio host of the nationally syndicated Peter Schiff Show. His latest book is “The Real Crash: America's Coming Bankruptcy.”

Ron Insana (@rinsana), CNBC Contributor and Author of Insana's Market Intelligence

Ron Insana is a contributor to CNBC and MSNBC, where he discusses the most pressing economic and market issues of the day. He also delivers The Market Scoreboard Report to radio stations around the country. For nearly three decades, Insana has been a highly respected business journalist and money manager.

9:20 a.m.

Richard Vague, Managing Partner at Gabriel Investments

Richard Vague is currently one of the managing partners of Gabriel Investments, as well as the author of "The Next Economic Disaster," a book with a new approach for predicting and preventing financial crises. He serves on the U.S. State Department’s Advisory Committee on International Economic Policy. Vague is also editor of the blog and email newsletter service Delanceyplace.com and of the website Debt-economics.org.

Dr. King Banaian (@repbanaian), Former Minnesota State Representative

Dr. King Banaian is a professor in the Department of Economics at St. Cloud State University. He holds the Ph.D. in Economics from the Claremont Graduate School. He is author of "The Ukrainian Economy since Independence." He directs the Center for Economic Education at SCSU. He is a fellow of the Armenian International Policy Research Group in Washington, DC and Yerevan, Armenia. He is a past representative of the north and east portions of St. Cloud and Haven Township in the Minnesota House of Representatives.

Don’t forget to tune in to Benzinga’s #PreMarket Prep broadcast Monday-Friday 8-9:45 a.m. ET for a live, interactive morning show with veteran traders and featured finance industry experts ready to answer your questions for the trading day.