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.
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JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock.
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Browse ArticlesA 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.
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