A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
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The Fed Just Paused Interest Rate Cuts. Here’s What That Means for You
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But ...
Interest rates: Why have they been cut and what does it mean?
The Bank of England has cut interest rates to 4.5%, its lowest level since June 2023.Rates had been at 4.75% since the summer ...
ECB Paper Suggests Two More Cuts Can Take Rates to Neutral
Economists at the European Central Bank said the neutral rate of interest, a concept that may help determine where cuts in ...
The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
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ANZ's huge RBA interest rate cut backflip: ‘Will be enough’
ANZ has joined Commonwealth Bank (CBA) in forecasting a February interest rate cut from the Reserve Bank of Australia (RBA). The Big Four bank’s prediction follows core inflation falling faster than ...