Powell said that he does not currently see a risk of contagion in private credit markets that could spill over into the broader financial system
Browsing: interest rates
Banks and financial services stocks slid Monday after US Trump called for a one-year cap on credit card interest rates at 10%.
Bank of America CEO Brian Moynihan warns markets could react negatively if the Federal Reserve’s independence is undermined.
RBI plans to add about $32 billion of liquidity to the banking system over the next month to ensure enough cash is available
For households and businesses, lower borrowing costs may provide some relief, although the broader impact will depend on how the economy responds