Credit-card stocks are slumping. But analysts say a 10% rate cap is far from a done deal.
A 10% cap on interest rates could mean a big hit to card companies’ earnings. But a Jefferies analyst says it’s “highly unlikely” that Trump gets his way.
A 10% cap on interest rates could mean a big hit to card companies’ earnings. But a Jefferies analyst says it’s “highly unlikely” that Trump gets his way.
Share
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0