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?
