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.

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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