Browsing: rate

Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025.Chandan Khanna | AFP |…

Key insight: Treasury Secretary Scott Bessent avoided confronting the rate cap directly, but argued banks already are benefitting from deregulation elsewhere.Supporting data: Bessent argued that banks…

Key insight: Bank CEOs are expressing alarm about the potential impacts of President Trump’s call for a 10% limit on credit card interest rates.What’s at stake:…

By now you’ve likely heard of mortgage rate lock-in.It’s the theory that homeowners won’t move if they have mortgage rates well below prevailing market rates.For example,…

US President Donald Trump during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9,…

Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies would be subject to a 10%…

Businesswoman working on laptop in modern office spaceMomo Productions | Digitalvision | Getty ImagesStudent debt has long been considered difficult, if not impossible, to discharge in…

Well over a dozen lenders have adjusted fixed rates higher this week, a sign that the major banks likely aren’t alone in forecasting 2026 to be…

Two of Australia’s most recognisable banks lifted fixed home loan rates on Friday, following similar moves from NAB and more than 16 other lenders this week.…

The Federal Reserve logo is visible on the William McChesney Martin Jr. Building on December 9, 2025 in Washington, DC. Andrew Harnik | Getty Images News…