Credit card APRs keep rising regardless of what the Federal Reserve does

Credit card interest rates are climbing nonstop, even though the Fed has already cut its benchmark rate three times in 2024 and hasn’t touched it since December. The banks just don’t care. According to LendingTree, the average APR jumped again in June for the third month in a row, reaching the highest level since last […] source: https://www.cryptopolitan.com/credit-card-aprs-keep-rising-federal-reserve/