New highs US credit card rates

Worth clicking on this link and/or chart from St Louis Fed Fred site on Credit Card Rates for the US consumer.

According to the article in Asia Times

https://www.asiatimes.com/2019/03/article/chart-of-the-day-us-credit-card-rates/


US Credit Card Rates have hit their highest level IN HISTORY….near 17%.  The Fed chart doesn’t reflect a new high, but the trend higher is clear. Is the US consumer on the verge of a pullback?



Posted on March 7, 2019 at 7:17 am by alexmanzara · Permalink
In: Eurodollar Options

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