Interest Rates

Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher

Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
June 15, 2017  |  Investments

So the Federal Reserve hiked interest rates, as had been expected by most on the Street and beyond, and the question as the 25-basis point...

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Retail Sales Declines Could Halt Further Interest Rate Hikes
Retail Sales Declines Could Halt Further Interest Rate Hikes
June 15, 2017  |  Retail

The Federal Reserve’s ability to continue to raise interest rates in 2017 may be halted given consumer prices fell unexpectedly last month amid the biggest...

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Household Borrowing, Consumer Debt, Reaches Record $12.73 Trillion
Household Borrowing, Consumer Debt, Reaches Record $12.73 Trillion
June 07, 2017  |  Consumer Finance

With incomes in the U.S. seeing less-than-stellar growth, a lot of spending is being done with consumer debt instead of cash, which could create problems...

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Amid Reset, Student Loans Offer Tough Lessons on Interest Rates
Amid Reset, Student Loans Offer Tough Lessons on Interest Rates
May 24, 2017  |  News

Students are about to face some real sticker shock on their loans, and quickly.  The question is, what will be the fallout, and how far...

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US Retail Slumps For Second Month
US Retail Slumps For Second Month
April 17, 2017  |  Retail

Retail sales in the U.S. fell for the second month running in March, said the U.S. Department of Commerce in its latest release. This, combined...

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Looking Past Jobs And At Interest Rate Hikes (Sooner Rather Than Later?)
Looking Past Jobs And At Interest Rate Hikes (Sooner Rather Than Later?)
April 13, 2017  |  Consumer Finance

What to make of the jobs and wages data that, newly in the rearview mirror, are harbingers, or not, of things to come on the...

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US Credit Card Debt Revisits Previous Highs at $1T
US Credit Card Debt Revisits Previous Highs at $1T
April 10, 2017  |  Consumer Finance

In the U.S., at least, debt is no four-letter word. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Stimulus Unwind Targets Fed’s Balance Sheet
Stimulus Unwind Targets Fed’s Balance Sheet
April 06, 2017  |  Investments

Two hikes or three. Maybe less. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Pending Home Sales At Multi-Month Highs
Pending Home Sales At Multi-Month Highs
March 30, 2017  |  Consumer Finance

If it’s spring, it must be home-buying time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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