Focus
interest rate
Fed President Points to Several ‘Warning Signs’ for Economy
He singled out rising unemployment claims, increases in debt delinquency rates, and what seems to be cooling in consumer spending.
JPMorgan CEO Warns Interest Rates Could Top 8 Percent as Inflation Stays High
‘There seems to be a large number of persistent inflationary pressures, which may likely continue,’ Mr. Dimon wrote.
Unchanged Inflation of 4 Percent Ignites Hopes for Interest Rate Cuts
Economists have cautioned against lowering interest rates before May and only doing so gradually thereafter.
IRS Announces Interest Rates for Underpayment of Taxes for Q1 2024
The Internal Revenue Service (IRS) has announced what its various interest rates for things like underpayment of taxes will be for the 1st quarter of 2024.
Bank of England Votes to Hold Interest Rate at 5.25 Percent
Many mortgage-holders are yet to experience the impact of the bank’s two-year long cycle of interest rate hikes, paused in September.
Retail Credit Card Interest Rates Soar to Record High
A new report from Bankrate shows that average retail credit interest rates have soared to all-time highs amid the Federal Reserve’s interest rate hikes.
Car Loan Defaults Hit Record High as Interest Rate Hikes Bite
Auto loan defaults in the United States have hit their highest level on record, according to data from Fitch Ratings that goes back to 1994.
