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Credit card interest rate forecast for 2026: Rate cuts will bring little relief to cardholders
For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer ...
Not all credit card APRs are created equal. Here's how to spot a good card rate now that the new year is upon us.
All credit cards come with more than a few moving parts. Among them is an annual percentage rate, or APR — the cost of borrowing money using the card. However, the tricky thing with credit cards is ...
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.
Bernie Sanders and Donald Trump would not seem to agree on much of anything when it comes to economic policy. After all, Trump is a man of markets, while Sanders is a self-described “democratic ...
Credit card interest rates are too damn high, according to an unlikely combination of politicians who’ve recently drawn attention to the subject. Money experts agree credit card debt can be a major ...
Most economically literate people generally understand that price controls are a bad idea, leading to outcomes such as shortages and rationing of goods and services. But when it comes to credit cards, ...
Record-high credit card interest rates and fees are bogging down consumers– here’s how to avoid them
Monthly credit card statements are causing consumers ongoing stress and concern. After years of high inflation and rising interest rates, consumers are having trouble keeping up with their credit card ...
The Federal Reserve made headlines again this week when it decided to keep its benchmark interest rate unchanged at a range of 4.25% to 4.5% during its July meeting. The decision to hold rates steady ...
J.R. Duren is a content marketing writer for CBS MoneyWatch's Managing Your Money team. The Federal Reserve opted to keep interest rates steady at its latest meeting on March 18-19, a move that was ...
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...
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