President Donald Trump's push to cap credit card interest rates at 10% for one year has collided head‑on with Wall Street's ...

As the president prepares to replace Federal Reserve Chair Jerome Powell, he's made no secret of his goal for lower interest ...

President Donald Trump says he wants a one-year, 10% cap on credit card interest rates. It's an idea that revives a campaign ...

While the move may modestly tighten spreads, experts said broader forces such as inflation, Federal Reserve policy, and ...

U.S. banks on Tuesday face a tricky political test in how to address a call from President Donald Trump to cap credit card ...

Trump repeated his call for lower rates after the investigation became public. “Jerome ‘Too Late’ Powell should cut interest ...

Consumer advocates have long pushed for some limits on credit card rates with little success. Banks have argued that any caps ...

From the industry's perspective, credit card pricing reflects risk. Lowering the ceiling compresses margins on higher-risk borrowers, making those accounts uneconomical. Analysts told Reuters that ...

Trump, insisting that "there is no inflation," has been trying to force the Fed to slash short-term interest rates to 1% or even lower. Powell and a majority of the Fed's board, arguing that inflation ...

Inflation and the EconomyInflation is one of the most important and frequently discussed economic topics. Economists, ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Decades of evidence show that interest-rate caps, however well-intentioned, end up hurting the very people they’re meant to ...