#interest-rates
Kevin Warsh set to lead his first Federal Reserve interest rate meeting. Here's what to expect.
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
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Credit cards: Share of balances 90-plus days late hits highest mark since 2011
More than 13% of credit card balances were at least 90 days past due in the first quarter — the highest rate since 2011.
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Fed unlikely to cut interest rates until second half of 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
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Trump Fed pick Kevin Warsh clears key Senate hurdle, teeing up final vote
Current Fed Chair Jerome Powell has faced a barrage of criticism from Trump over his refusal to slash interest rates as much as the president wants.
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