The Fed Didn't Touch Interest Rates, but Your Credit Card APR Could Still Go Up. Here's Why

Looming tariffs put an uncertain spin on the economy. Get on top of credit card debt now in case things go sideways. Read More

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year. Read More

Euro Zone Banks Tightening Corporate Credit Access on Rising Economic Risk, ECB Survey Shows

a key input into Thursday's interest rate decision. Demand for corporate credit also decreased last quarter but banks see a small rebound in the current quarter despite higher risk perceptions ... Read More

Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk

The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need to be in a hurry. We think we can ... Read More

Federal Reserve holds interest rates steady: What that means for credit cards, auto loans, mortgages and more

The Fed’s decision to keep rates unchanged still has far-reaching implications for almost all forms of borrowing as well as the returns on a savings account. Read More

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher in ... Read More

100% chance that Bank of England will cut interest rates next month, markets predict

Financial markets have priced in a 100% chance of a Bank of England interest rate cut next month, as the effects of Donald Trump's evolving trade war continue to play out in the global economy. Read More

European Central Bank cuts interest rates as tariffs threaten the economy

The European Central Bank cut its main interest rate by a quarter of a percentage ... against global shocks,” the “outlook for (economic) growth has deteriorated owing to rising trade tensions ... Read More

The Fed Didn't Touch Interest Rates, but Your Credit Card APR Could Still Go Up. Here's Why

Both inflation and unemployment are at a higher risk of ... long run by paying off the card with the highest interest rate," she said. You might not have enough to pay off your credit card this ... Read More