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Credit card APRs have an 'economically meaningful' impact on consumer spending, Boston Fed finds

Mar 31, 2026 12:15 UTC

When credit card rates go up, borrowers spend less on plastic, according to a research paper by the Federal Reserve Bank of Boston..

  • When credit card rates go up, borrowers spend less on plastic, according to a research paper by the Federal Reserve Bank of Boston

When credit card rates go up, borrowers spend less on plastic, according to a research paper by the Federal Reserve Bank of Boston.

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