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Trump proposes credit card interest rate cap. Is it a good idea?
21 Jan 2026 22:15 GMT
… shows that a 10% interest rate cap would reduce credit availability … the average annual percentage interest rate on new credit card … As with the Fed rate cuts in September, October and December … to expect credit card interest rates to remain relatively high …
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Interest rate cuts could be delayed due to rising inflation
21 Jan 2026 19:25 GMT
… which could delay further interest rate cuts.
The Consumer Prices Index … more likely to keep interest rates higher until inflation starts … could push any more interest rate cuts back meaning mortgage … to wait for another interest rate cut.
The next decision …
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Weak UK jobs data may lead to interest rate cuts
21 Jan 2026 17:36 GMT
… .
Analysts see growing room for interest rate cuts next year.
Fresh signs of … market are strengthening expectations that interest rates could be lowered further in … feel more confident about lowering interest rates.
Hiring freezes weigh on outlook …
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Soaring prices, falling jobs, stalling growth… Grim reality of Labour's Britain as inflation pushes back up to 3.4% - crushing hopes of quick interest rate cut
21 Jan 2026 16:17 GMT
… water on hopes of quick interest rate cuts.
The headline CPI rate hit … number one focus is to cut the cost of living.
… ;These figures make a February interest rate cut look improbable by reinforcing concerns …
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Business Inflation Expectations Fall Again, Bolstering Trump’s Case for Rate Cuts
21 Jan 2026 23:18 GMT
… reconsider their stance on interest rates after a closely watched … for the Federal Reserve to cut interest rates. President Trump and his … s cautious approach to rate cuts, with officials pointing to … their view that current interest rate levels are too high …
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JPMorgan CEO Jamie Dimon warns a credit card rate cap would cut off credit access for 80% of Americans
21 Jan 2026 20:48 GMT
… on credit card rates would cut off borrowing options for most … .
Trump doubles down on 10% interest rate proposal
President Donald Trump brought … 10% limit on credit card interest rates that would last for one …
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Federal Cuts Test Mississippi’s Health Care System
21 Jan 2026 19:49 GMT
… Donald Trump. The law cuts federal Medicaid spending by $ … no other options.
“The interest rate on (medical credit) cards …
“Congress can always delay cuts, they can reinstate programs, they … Medicaid and Medicare payment cuts.
If nothing changes, he …
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Trump Pitches Rate Cuts and Investor Limits as Path to Reviving Homeownership
21 Jan 2026 21:06 GMT
… the market.
Trump said lowering interest rates on mortgages and credit cards … alike.
“We can drop interest rates to a level, and that … recent history has shown that cuts to the Fed’s benchmark … 10% cap on credit card interest rates for one year.
The proposal …
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Real estate, tech investment manager Fifth Wall cuts staff
21 Jan 2026 22:11 GMT
… estate industry for the cuts, pointing to high interest rates. The firm also … partners as it enjoyed low interest rates and government support for climate … initiatives.
But rising interest rates and reportedly questionable decisions that …
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Savings warning issued to anyone with a cash ISA as Labour moves to cut tax-free allowance
21 Jan 2026 19:48 GMT
Savers with Cash ISAs are being urged to review their accounts and consider switching to higher-paying deals that can keep pace with rising prices.
The warning follows the release of the latest inflation figures from the Office for National Statistics on …