Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...
If interest rates declined by 1 percentage point, the average buyer would save $20 on their monthly payment The Federal Reserve cut its benchmark interest rate by 50 basis points on Wednesday, but ...
While rate cuts are welcome in much of the economy, they pose problems for risk-averse investors who relish high money market and bond yields. By Jeff Sommer Jeff Sommer writes Strategies, a weekly ...
President Trump’s proposed 10% credit card rate cap could kill cashback, restrict risky borrowers, and slow GDP. Read what ...
It came as no surprise to anyone that the Federal Reserve cut the benchmark interest rate by another 25 basis points, or a quarter of a percentage point, on Dec. 18, bringing the target range down to ...
Forbes contributors publish independent expert analyses and insights. Decision-makers at the Federal Reserve usually monitor issues connected to their dual mandate to keep employment high and ...
The Federal Reserve on Wednesday kept interest rates unchanged and provided scant insight into when further cuts may take place – sparking a quick rebuke from President Donald Trump. Emerging from ...
In the elevated interest rate climate of recent years, there have been few affordable borrowing options to choose from. Personal loan interest rates, for example, have been frozen at around 12% for ...
Recent economic data has been very solid. Consumers have shown continued resiliency, boosting retail sales up 0.6% for the month of June. The labor market remains solid. And while the stock market isn ...
In 2025, the Fed is coping with tremendous changes in policy, plus swings back and forth on tariffs. The latest Fed meeting minutes shed some light on the difficult decision. They lead me to ...
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