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Credit card interest rate forecast for 2026: Rate cuts will bring little relief to cardholders
Credit card interest rates resumed dropping in the second half of 2025, closing out the year at 19.7%, about a percentage point lower than the record high set in August of 2024. And while Bankrate expects the rates to continue falling in the new year, it ...
Forecasts vary for how many more times the Fed could cut interest rates in 2026. Some say one, two or even three more rate cuts ahead. Mortgage rates already have fallen as markets anticipated a Fed rate cut in December. Cantankerous and increasingly ...
Fed Decision in January: What are the Odds of an Interest Rate Cut by the Federal Reserve? The Federal Reserve meets on January 27–28, and markets are intensely focused on whether policymakers will deliver a fourth consecutive rate cut or pause to assess ...
US President Donald Trump announced Friday that he is nominating Kevin Warsh, a former Federal Reserve governor, to be the next US central bank chief.
The New Republic on MSN
Trump announces his surprising pick for next Fed chair: Kevin Warsh
Donald Trump’s nominee to replace Jerome Powell as chairman of the Federal Reserve actually has a long history as an inflation hawk, not the most obvious choice for a president who keeps pushing for lower interest rates.