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interest rates, store credit cards
'Padding the profit margin': Why are interest rates still rising on store credit cards?
The Federal Reserve hasn’t raised interest rates since the summer of 2023. But America’s retailers apparently didn’t get the memo.
Watch for high interest rates on store credit cards
If you’re thinking about opening a new credit card at one of your favorite stores this holiday shopping season, you might want to think twice about the interest rate you could end up paying. According to Bankrate,
Retail credit card interest rates hit all-time high
The average rate on credit cards from some of America's biggest retailers has soared to an all-time high of more than 30%, according to personal finance site Bankrate. That's up from just over 24% in 2021.
Warning of retailers jacking up rates on store cards ahead of the holidays
Some of the largest retailers in the US raised the interest rates on their store credit cards this fall, ahead of the traditional holiday shopping period.
Israel Holds Rates
Bank of Israel Holds Interest Rates as Inflation Exacerbates War Uncertainties
Inflation remains above target and is expected to increase over the coming months as supply constraints persist.
Bank of Israel holds rates as war fuels inflation but weighs on growth
The Bank of Israel left interest rates unchanged for the seventh straight meeting on Monday, saying inflation remains high but that military conflicts are keeping economic growth weak.
Israel Holds Rates as War Fuels Inflation and Slows Economy
Israel left interest rates unchanged as it weighs a war-related economic slowdown and quickening inflation. The Bank of Israel held its base rate at 4.5% on Monday, in line with the estimates of all economists surveyed by Bloomberg.
12h
on MSN
Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more
With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of ...
3d
Interest Rates Recently Did Something They Haven't Done Since March 2020, and It Could Trigger a Big Move in the Stock Market
Interest Rates Recently Did Something They Haven't Done Since March 2020, and It Could Trigger a Big Move in the Stock Market ...
3d
on MSN
What will mortgage interest rates be in 2025? Experts weigh in
Most experts predict that mortgage rates will fall steadily in 2025, and forecasts from both the Mortgage Bankers Association ...
The Journal News
14h
Lawler bill would drop interest rates on college loans to 1% to ease student debt burden
A new bill by Rep. Mike Lawler of Rockland County would drop to 1% the interest rate on federal student loans to ease the ...
6d
What To Expect From The Fed On Interest Rates In 2025
Most expect the Federal Open Market Committee to cut interest rates in 2025. The question of how much will be informed by ...
The Economist
6d
Interest rates will come down sharply in 2025
The global economy has had a series of shocks, including the pandemic, an inflation spike and the invasion of Ukraine. As the ...
5d
on MSN
How far have mortgage interest rates fallen in 2024?
See what mortgage interest rate you could qualify for here now.
3d
on MSN
Inflation Won’t Hit the Fed’s Target in 2025. Interest Rates Will Drop Anyway.
Inflation—the Fed’s primary bugbear for most of the past four years—has come a long way. The year-over-year increase in the ...
4d
on MSN
If the Fed is cutting interest rates, why are mortgages and business loans costing more?
The central bank’s target rates and its much-publicized recent rate cuts don’t directly set long-term mortgage and business ...
5d
Today’s 15-year mortgage interest rates drop to 6.13%, while 30-year terms fall to 6.88%
Thinking about taking out a mortgage loan? Current mortgage rates drop to 6.88% for 30-year terms, while 15-year terms fall ...
11d
Understanding Interest Rates: What Your Bank Wants You To Know
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
19h
on MSN
Forget Falling Interest Rates. Here's What You Really Need to Save Money on Your Next Loan
Interest rates are finally headed in the right direction for borrowers. But read on to see what you can do to save big on the ...
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