Tag: Inflation

1Q22 results show that Russian exposure affected net revenue at some top banks, but credit cards performed well. Bloomberg reported: ...

Rising interest rates will not substantially affect the household’s ability to repay their credit cards, but inflation will. Impact of ...

There are plenty of ways to anticipate the next recession. But, if you ask Bank of America, an economic downturn ...

There was plenty of noise about Amazon exiting their co-brand relationship with Chase Visa, but the matter is now settled. ...

Retail has taken a beating in recent years. First, there was the pandemic, which forced many stores to close their ...

Credit cards in Russia are in distress. The exit of major payment brands certainly disrupts the ability to access credit ...

As a businessperson and consumer, your credit cards will likely rise on March 16 as the Federal Open Market Committee ...

U.S. consumers continue to feel the pain of rising prices, with the Consumer Price Index (CPI) rising another 0.8% in ...

So far, the first quarter of 2022 looks strong from a credit card risk perspective. Seasonally adjusted credit cards moved ...

The prime rate has been sitting at 3.25% since March 2020. The rate is a historic low, illustrated at a ...