Interest Rates

BoA’s Zelle Transactions Up 103 Pct In Q1
BoA’s Zelle Transactions Up 103 Pct In Q1
April 16, 2019  |  Earnings

Bank of America (BoA) missed on revenue when it reported its Q1 earnings on Tuesday (April 16) and predicted net interest income would rise half...

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Rhode Island Eyes Capping Credit Card Interest Rates
Rhode Island Eyes Capping Credit Card Interest Rates
April 09, 2019  |  Consumer Finance

In the United States, credit card balances and the interest rates charged on those balances are on the rise. Get the Full Story Complete the...

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ECB Looks To Ramp Up Bank Lending
ECB Looks To Ramp Up Bank Lending
March 07, 2019  |  Banking

Generally speaking, central banks hike rates when economic growth threatens to overheat, when inflation threatens to drive up the cost of living beyond desirability. Get...

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For The Fed, It’s Hurry Up And Wait On Rates
For The Fed, It’s Hurry Up And Wait On Rates
February 21, 2019  |  Economy

Conventional wisdom coming into this past week held that the Federal Reserve would raise rates at least twice this year. Get the Full Story Complete...

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Economists: US Debt Levels Not ‘Catastrophic’
Economists: US Debt Levels Not ‘Catastrophic’
February 18, 2019  |  Debt

Although the nation’s debt is on the rise, some economists are saying the unexpected: the U.S. shouldn’t be that concerned about it. Get the Full...

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Jobs Growth Numbers Mark 100 Months Of Gains
Jobs Growth Numbers Mark 100 Months Of Gains
February 01, 2019  |  Personnel

The government shutdown was no speed bump, at least, according to the latest job numbers. Data released on Friday (Feb. 1) morning found that job...

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More Americans Inch Toward Maxing Out Cards
More Americans Inch Toward Maxing Out Cards
January 24, 2019  |  Debt

Taking it to the limit, indeed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Ex-Fed Chief Yellen Sees Slowdown In Biz Spending
Ex-Fed Chief Yellen Sees Slowdown In Biz Spending
January 15, 2019  |  Business

Former Federal Reserve Chair Janet Yellen says signs are pointing to a slowdown in business spending in 2019. Get the Full Story Complete the form...

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Goldman Sachs To Offer More On Deposits For Cash Management Clients
Goldman Sachs To Offer More On Deposits For Cash Management Clients
January 14, 2019  |  B2B Payments

Goldman Sachs is planning to launch a cash management service next year, and might even offer its existing corporate clients more for their deposits as...

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