Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...
Would a 10% Credit Card Interest Rate Cap Be a Totally Good Thing for Consumers?
Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.
Bernie Sanders, Josh Hawley introduce bill to cap credit card interest rates. What to know
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...
Trump's Aim to Lower The 10-Year Yield Could Bode Well for Bitcoin
U.S. Treasury Secretary Scott Bessent said Wednesday that the Trump administration aims to reduce borrowing costs in the economy by lowering the ...
SA Sentiment explores the next move for the 10-Year Treasury
Larger premiums have been demanded due to the uncertainty, though there is also a case to be made for so-called "bond ...
Bessent, Trump to focus on 10-year yields, not fed rate - report
U.S. Treasury Secretary Scott Bessent said on Wednesday that he and President Donald Trump are focused on the 10-year Treasury yields in bringing down borrowing costs, not on the Federal Reserve's ...
Interest rates cut to 4.5%: What it means for your mortgage and savings
We explain what the Bank of England's decision to cut rates to 4.5% means for your money - and whether rates will be cut ...
European shares hit record high as BoE cuts and tech earnings loom
European shares hit a record high, gold was near one of its own all-time peaks and bond markets were back under pressure on ...
Earn up to 10% with this high-yield savings account — plus 9 more of best APYs of February 2025
The average savings account now delivers an average rate of just 0.41%, according to the latest government data. That said, ...
The senators want to cap interest at 10%, fulfilling a campaign promise made by President Donald Trump
Political odd couple Josh Hawley and Bernie Sanders on Wednesday announced they are jointly sponsoring a bill that would force credit card issuers to cut interest rates to 10%, which would ostensibly ...
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Consumer Alert: Unlikely allies team up, aiming to cap credit card rates
In an unexpected move, two senators from opposite ends of the political spectrum are joining forces to tackle high credit ...