Personal loans interest rate forecast for 2024: Rates may trend down with Fed cuts [Yahoo! Finance]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
Check Earnings Report
US:NYSE Investor Relations:
investors.transunion.com
Company Research
Source: Yahoo! Finance
This second, relatively small rate cut is unlikely to have any immediate and notable impact on personal loan rates.” Lower personal loan rates may be on the horizon in 2024 after the Fed made progress curbing inflation at the end of 2023. That progress came after four more Federal Reserve rate hikes in 2023. Bankrate Chief Financial Analyst Greg McBride, CFA suggests rate cuts may be possible in 2024, which could benefit personal loan rates if the economy doesn't head into a recession. McBride explains the relationship between personal loan rates, the U.S. economy and a potential drop in the federal funds rate, which sits at 5.25-5.5 as of the meeting on July 31, 2024. As inflation shows signs of slowing , borrowers may see lower personal loan rates in 2024. Any Fed cuts will likely have a direct effect on personal loan rates. “Personal loans are pegged to short term interest rates like the prime rate that moves in concert with Fed interest rate cuts,” McBride explains. Averag
Show less
Read more
Impact Snapshot
Event Time:
TRU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRU alerts
High impacting TransUnion news events
Weekly update
A roundup of the hottest topics
TRU
News
- 28% of credit card users are still paying off last year's holiday debt. But that's an improvement [MSNBC.com]MSNBC.com
- 28% of credit card users are still paying off last year's holiday debt. But that's an improvement [CNBC]CNBC
- Balances and Delinquencies Begin to Stabilize Across Many Credit ProductsGlobeNewswire
- How changes in interest rate affect debt [Yahoo! Finance]Yahoo! Finance
- Loi 25 : une nouvelle étape [Finance et Investissement (Montreal) (French)]Finance et Investissement
TRU
Earnings
- 10/23/24 - Beat
TRU
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 4
- 11/8/24 - Form 144
- TRU's page on the SEC website