The President’s proposal to cap credit card rates at a maximum of 10% over the next year has gotten a lot of attention in the midst of a national affordability crisis. It’s understandable. Rates are ...
Steve Forbes lays out the unintended consequences of President Trump’s proposal to cap credit card interest rates at 10%.
The Federal Reserve cut interest rates again for the second straight meeting, a sign that officials are more focused on safeguarding the job market and shielding the economy from a recession than ...
Forbes contributors publish independent expert analyses and insights. Decision-makers at the Federal Reserve usually monitor issues connected to their dual mandate to keep employment high and ...
The housing market over the past few years has been challenging for prospective homebuyers. As home prices and mortgage interest rates remain high, first-time homebuyers face a one-two punch, making ...
Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...
The relationship between growth and stability is not a trade-off to be handled, but a complementarity to be comprehended. For economic progress to be sustainable, both are needed. Policies that hurt o ...