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Search results for: "Interest rate". 8 articles found.
Many Republicans are flatly rejecting President Trump's proposal for a one-year 10-percent cap on credit card interest rates, warning that it will be unsustainable in the long run. Trump's proposal echoes a long-standing push by progressive Democrats and a few conservative firebrands on Capitol Hill to implement credit card interest rate caps, which would limit...
A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump and widespread pushback from banks.
President Trump posted on social media Friday night calling for a one-year 10 percent cap on credit card interest rates.
The bank's equity traders capitalized on volatility and a broader rally in the US market as investors speculated on the Federal Reserve's interest-rate path and the prospects for AI companies.
South Korea's central bank again left its benchmark interest rate unchanged Thursday as a weakened won and rising inflation concerns limited room for further easing.
Asia-Pacific markets traded mixed as investors assessed the latest policy decision coming out of the Bank of Korea.
ONS says GDP expanded in news that is unlikely to deter Bank of England from making more interest rate cuts Business live latest updates The UK economy grew by 0.3% in November despite uncertainty around Rachel Reeves's budget, official figures show. Figures from the Office for National Statistics on Thursday showed the improvement, up from a 0.1% fall in October. Continue reading...
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