The Federal Reserve once again held interest rates steady at Wednesday's meeting, but that doesn't mean your card's interest ...

Credit card interest rates reached their highest level in 37 years, according to one measure, rising at the fastest clip on record since the start of the year. The average credit card APR hit 19. ...

Americans are opening credit card ... coming rate increases. Even though consumers feel positively dreadful about the state of the economy, they're still spending at an extraordinary clip.

User-Created Clip July 14 ... Reserve report on Americans' record-high credit card debt and the role of the Federal Reserve in changing interest rates in light of the current unemployment numbers.

More than 18 million Americans were behind on their credit card payments at the end of 2022. And with climbing interest rates amid decades ... rising at its fastest clip in more than 20 years ...

Now, with interest rates ticking up ... gas and housing. Credit card debt is rising at its fastest clip in more than 20 years, according to the Federal Reserve Bank of New York.

That means consumer debt — especially variable-rate credit card debt — will get more expensive. “The average credit card rate is now at a record high above 20%,” said Greg McBride ...