Increased interest income: A blessing and a curse
Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...
How Negative Interest Rates Work
Negative interest rates occur when prices begin to start dropping to low levels as the value of a nation's currency increases. At these times, central banks may resort to negative interest rates. The ...
Bank of America forecasts record net interest income in 2025
Bank of America's retail banking head, Holly O'Neil, has projected a record net interest income (NII) for the year 2025. The bank anticipates a growth rate of 6% to 7%, with the consumer sector ...
JPMorgan still sees mid-year trough in net interest income, CFO says
Chief Financial Officer Jeremy Barnum said Tuesday the mid-year trough narrative regarding the bank's net interest income "is ...
The Associated Press on MSN19d
Trump says he will 'demand' that interest rates come down, but it won't be that simple
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep. Economic growth is solid, driven by ...