The Fed maintains its pledge to keep interest rates low for an extended period, while saying economic activity is improving. Jim Caron, head of interest rate strategy at Morgan Stanley, shares his insight.
Nov. 4: Playbook: Rep. Carolyn Maloney, D-N.Y., talks about the reform bill designed to protect consumers from surprise fees and sudden interest rate hikes by credit card companies.
Sept. 23: Federal Reserve policymakers left a key interest rate at a record low. CNBC's Mary Thompson reports.
July 21: Since the President signed a new law to crack down on credit cards abuses two months ago, the big credit card companies--Chase, Bank of America, and to a lesser extent Citibank--have raised costs for consumers. The interest rate on Linda and Jay Gallagher's credit card bill nearly doubled t
July 9: Using a credit card at a thrift store could cause your credit limit to change, interest rate to be hiked and credit score reduced. WESH's Greg Fox reports.
MIAMI - MAY 20: Yera Dominguez uses a credit card reader to charge a credit card from a customer for payment at Lorenzo's Italian Market on May 20, 2009 in Miami, Florida. Members of Congress today passed a bill placing new restrictions on companies that issues credit. The vote follows the Senate pa