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2. Here's how the Fed's rate cut could impact your credit card ...

   www.aol.com/heres-fed-rate-cut-could-183516797.html

   If the credit card issuer reduces its APR by 0.25 percentage points, to 24.67%, the borrower would still need 27 months to pay down the bill, but the interest would be $1,506 — a savings of $22 ...

3. How the Fed affects credit cards - AOL

   www.aol.com/finance/fed-affects-credit-cards...

   With that small decrease, the Fed decided to maintain its target interest rate in the 5.25 percent to 5.50 percent range at its June 2024 meeting. ... Impact on credit card interest rates.

4. Sick of high credit card interest rates? Time to learn how ...

   www.aol.com/finance/sick-high-credit-card...

   “The average credit card rate is over 20% and with the Fed hitting the pause button on rate cuts, ... expresses skepticism that credit card interest rates will come down much in 2025.

5. The Fed didn’t budge on rates. Here’s why that matters for ...

   www.aol.com/finance/fed-didn-t-budge-rates...

   When the Fed adjusts its key interest rate policy, the fed funds rate, consumers feel the impact in a variety of ways. ... credit card rates, or the rate you can get on a certificate of deposit at ...

6. Fed Meeting Live Updates: Powell discusses latest rate cut ...

   www.aol.com/finance/november-fed-meeting-live...

   Just before the Fed announced a 50 basis point rate decrease on Sept. 18, the average credit card rate was 20.78 percent (1 basis point shy of a record set in August). It has since edged down to ...

7. Credit card interest rate forecast for 2025: Rates will only ...

   www.aol.com/finance/credit-card-interest-rate...

   The Fed cut its benchmark short-term interest rate, the federal funds rate, by a full point in 2024 and the average credit card rate has only dropped from 20.74 percent at the start of 2024 to 20. ...