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Could a cap on credit-card rates really hurt consumers?
Published 2 months, 1 week ago
Description
President Trump wants to cap credit card interest rates at 10% for a year. But the big banks warn that could limit lending and hit the most vulnerable first.
Also today - why prices for metals like copper and tin are hitting record highs, we'll investigate what's behind the surge.
And despite fresh US tariffs under President Trump — and a volatile global economic backdrop — China posted a record trade surplus of around $1.2 trillion.
Picture:Illustration shows Bank of America, Citi bank and Wells Fargo credit card mockups, Reuters