The Fed's rate cut isn't going to help your credit card debt — here's what will

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier ...

The Federal Reserve Cut Interest Rates For the First Time This Year. Here's What It Means For Credit Cards and Mortgage Rates.

The Fed meets eight times a year in regularly scheduled meetings to set U.S. monetary policy. The FOMC sets the target range for the federal funds rate, the interest rate banks use to lend to each ...
The Hill

Innovators needed to cut credit card rates by using data

In 2019, sponsors Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Bernie Sanders (I-Vt.) would have limited credit-card annual interest rates including finance charges to 15 percent. If such a measure ...