Credit Card APRs Start to Sink as Banks Respond to Emergency Fed Actions

The financial impact of the coronavirus (COVID-19) is starting to trickle down to credit cards after the Federal Reserve lowered its benchmark interest rate twice in less than three weeks. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

| TODAY Credit Card APRs Start to Sink as Banks Respond to Emergency Fed Actions The financial impact of the coronavirus (COVID-19) is starting to trickle down to credit cards after the Federal Reserve lowered its benchmark interest rate twice in less than three weeks. READ MORE > More Tips: Important Income Tax Deadlines for 2020 The official tax deadline to file your federal income tax return each year can be a little shifty. Here are some important deadlines that might apply to you this year. READ MORE > SPONSORED BY H&R BLOCK 3 Myths About Filing Taxes with a Professional You Shouldn't Believe Make your tax filing decision easier by dispelling some of the myths and misconceptions that surround hiring a tax pro versus a DIY tax filing. READ MORE > Why the Fed Removed the Reserve Requirement Until March 2020, the Federal Reserve required banks only keep $1 out of each $10 you deposit on hand each night. Now they can lend all of it. READ MORE > How Does the 2020 Stock Market Crash Compare? Coronavirus and recession fears sent Dow plunging to or near record losses in terms of points and percentage during March. READ MORE > Email sent to: spiritofpray.satu@blogger.com You are receiving this newsletter because you subscribed to The Balance Today newsletter. If you wish to unsubscribe, please click here A DOTDASH BRAND 1500 Broadway, 6th Floor, New York, NY, 10036 © 2020 Dotdash - All rights reserved. Privacy Policy.

                                                           

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