Fed cuts interest rates again
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The Federal Reserve delivered its third straight interest-rate cut on Wednesday, capping off a dramatic year at the central bank as President Donald Trump pushes for aggressive rate cuts and seeks to reshape its leadership.
Small-cap stocks, among the more interest-rate sensitive corners of the stock market, are seeing a strong advance following this latest Fed rate cut. The Russell 2000, a closely followed index of small-cap stocks,
The Fed lowered its benchmark interest by 25 basis points but with signals of a slowdown of cuts in early 2026.
Despite the Federal Reserve's recent cuts, credit card interest rates have been hovering near record highs. A new bipartisan bill would cap them at a dramatically lower figure, but experts say it may not be a win for consumers. Stream Connecticut News for ...
President Donald Trump has recently reignited a contentious debate in American finance with his proposal to cap credit card interest rates at 10%. This announcement comes amid soaring credit card debt, which has reached approximately $1.166 trillion, and ...
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SEC caps at 6% monthly interest rate on loans up to P10,000
The Securities and Exchange Commission (SEC) has issued an order capping at 6 percent per month or 0.2 percent day the nominal interest rate that financing and lending companies can charge on loans worth P10,
A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to help consumers and fulfill one of President Donald Trump's campaign promises. Sens. Josh Hawley, R-Mo., and Bernie Sanders, I-Vt., introduced ...
The interest rates loans can charge vary greatly from state to state. Fourty-five states plus the District of Columbia cap interest rates on at least some installment loans as of 2024, the National Consumer Law Center said in a report. There's no federal ...
Interest rates on credit cards have been unusually high for a while and have become an occasional target of politicians. In 2020, during Kamala Harris' first presidential campaign, she proposed forbidding credit card companies from charging interest ...
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Gold price cools as nervous investors wait for 'spicy' Federal Reserve interest rate call
The gold price lost its shine today as investors bit their fingernails and crossed their toes ahead of the Federal Reserve interest rate decision.