Fed more likely to maintain rates of interest regular regardless of Trump’s strain

Forward of subsequent week’s Federal Reserve assembly, relations between President Donald Trump and Fed Chair Jerome Powell have hit a low. “Households are being damage as a result of Curiosity Charges are too excessive,” Trump wrote in a Reality Social put up on Wednesday. Trump has mentioned he needs the Fed to sharply decrease rates of interest by as a … Read more

The Fed held interest rates steady, but credit card APRs keep going up

Emirmemedovski | E+ | Getty Images Even with the Federal Reserve on the sidelines, credit card rates are edging higher. In June, credit card interest rates rose for the third straight month, hitting the highest level since December, according to a recent report by LendingTree. Now, the average annual percentage rate is just over 20%, according to Bankrate. For … Read more