If Fed Cuts Interest Rates, Credit Card APRs 'Are Still Going To Be High' For Now, Economist Says - Bank of America ( NYSE:BAC ) , Capital One Finl ( NYSE:COF )
Consumers' wallets should get some relief if the Federal Reserve lowers rates this week, but it won't be a huge help, according to Benjamin Ayers, senior economist with Nationwide Insurance NWFAX.
Ticker |
Sentiment |
Impact |
DFS
|
Neutral
|
13 %
|
TREE
|
Neutral
|
13 %
|
COF
|
Neutral
|
13 %
|
BAC
|
Neutral
|
13 %
|