Trump announces 1-year 10% cap on credit card interest rates
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If the Trump administration is serious about housing affordability, it needs to toss out some rules, Satish Mansukhani writes in a guest commentary.
During the latter part of 2025, the Fed made three consecutive cuts to its benchmark interest rate. Those cuts came on the heels of cooling inflation and slowing economic growth. The Fed’s rate cuts might seem like good news to seniors on Social Security.
The Fed is cutting its discount rate again, but Americans will be disappointed with the results, as the Fed’s latest action only contributes to the
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Everything Americans thought they knew about personal finance was upended when the Federal Reserve started aggressively hiking interest rates to cool post-pandemic inflation. After more than a decade of ultralow rates,
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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 inflation low. They prefer not to look at policy decisions made ...
Trump proposes a 10% credit card interest cap to stop Americans being “ripped off”. Explained: how it works, potential savings, risks, bank backlash, and whether it truly reduces debt.