JPMorgan CEO Jamie Dimon warned at Davos that Donald Trump’s proposed 10% cap on credit card interest rates would be an “economic disaster,” threatening access to credit for most Americans and impacting sectors beyond banks.
#YonhapInfomax #JPMorganChase #JamieDimon #CreditCardRates #TrumpProposal #WorldEconomicForum #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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JPMorgan's Dimon Slams Trump’s Proposed 10% Credit Card Rate Cap as ‘Economic Disaster’

JPMorgan CEO Jamie Dimon warned at Davos that Donald Trump’s proposed 10% cap on credit card interest rates would be an “economic disaster,” threatening access to credit for most Americans and impacting sectors beyond banks.

Yonhap Infomax
Ah, yes, credit card rates are high because the New York Fed is busy hosting #economics puppet shows and patting themselves on the back for "supervising" banks 😂👉. Meanwhile, everyone else is left wondering if their interest rates will ever come down from orbit 🚀📈.
https://libertystreeteconomics.newyorkfed.org/2025/03/why-are-credit-card-rates-so-high/ #creditcardrates #NewYorkFed #puppetry #interestrates #financialhumor #HackerNews #ngated
Why Are Credit Card Rates So High? - Liberty Street Economics

A look at why U.S. credit card rates are so high.

Liberty Street Economics
Why Are Credit Card Rates So High? - Liberty Street Economics

A look at why U.S. credit card rates are so high.

Liberty Street Economics