BUZZ-Credit bureaus gain after Powell spurs rate cut bets

Reuters
2025.08.22 15:18
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Shares of credit bureaus climb after Federal Reserve Chair Jerome Powell signals possible rate cut in SeptemberTransUnionjumps 5.5%, while Equifaxrises 4.4%A rate cut can result in an uptick in loan demand, boosting credit reporting agencies that lenders rely on to assess customer creditworthiness before approving loansCredit scoring giant Fair Isaac, better known as FICO, rises 4.7%As of last close, TRU and EFX down 6.7% and 3.7%, respectively, YTD, while FICO down 31.6%​

Shares of credit bureaus climb after Federal Reserve Chair Jerome Powell signals possible rate cut in September

TransUnion (TRU.N) jumps 5.5%, while Equifax (EFX.N) rises 4.4%

A rate cut can result in an uptick in loan demand, boosting credit reporting agencies that lenders rely on to assess customer creditworthiness before approving loans

Credit scoring giant Fair Isaac (FICO.N) , better known as FICO, rises 4.7%

As of last close, TRU and EFX down 6.7% and 3.7%, respectively, YTD, while FICO down 31.6%

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