Proposed rule to ban junk fees aims to remedy widespread concerns

The new rules could save consumers over $3.5 billion in fees per year

Inflation is continuing to affect how bank customers use their money, Bank of America has found

President and CEO Rob Nichols said proposed rules threaten affordable deposit account products

The associations argued the CFPB’s proposal does not go far enough

Fed Bank of New York survey found short-term inflation expectations reached the lowest level in three years

The banking organizations wrote to the CFPB about the proposed redefinition of digital assets

Almost 50% of all credit card holders are carrying credit card debt

Analysts believe that inflation may fall even quicker than expected

The new survey found small businesses are spending an average of $13,000 per month on their credit cards