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

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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