RBA Raises Rates by 25 Points as Inflation Pressures Build
The Reserve Bank of Australia has increased its cash rate target by 25 basis points to 3.85%. The…
Tag: interest rates
RBA Poised for Rate Hike as Inflation Stays High
The Reserve Bank of Australia is set to lift its cash rate for the first time in over…
Powell May Stay at Fed After Term Ends Despite Warsh Pick
President Trump's choice of Kevin Warsh as next Fed chair leaves open the possibility that current chair Jerome…
SoFi CEO Sees Opportunity in Trump’s 10% Credit Card Cap Plan
President Trump proposed capping credit card interest at 10% for one year. SoFi CEO Anthony Noto predicts this…
Mortgage rates climb as geopolitical tensions shake markets
Mortgage rates have ticked upward as uncertainty in global markets puts pressure on Treasury bonds, making home purchases…
Banks warn Trump’s 10% credit card rate cap could slash lending
Banks are pushing back against President Trump's proposed 10% cap on credit card interest rates, warning that the…
Banks Prepare to Challenge Trump’s 10% Credit Card Rate Cap Plan
President Trump wants to cap credit card interest rates at 10%. Banks argue this would limit credit for…