🚨 Breaking: Trump plans to cap credit card interest rates at 10% for one year.
This is direct relief for consumers and boosts spending power.
More spending usually means stronger economic activity.
That’s liquidity staying in people’s pockets, not banks.
Short term, this is bullish for markets and risk assets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🚨 Breaking: Trump plans to cap credit card interest rates at 10% for one year.
This is direct relief for consumers and boosts spending power.
More spending usually means stronger economic activity.
That’s liquidity staying in people’s pockets, not banks.
Short term, this is bullish for markets and risk assets.