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Think a Fed Rate Cut Will Lower Your Credit Card APR? Not So Fast

The Federal Reserve cut its federal funds rate in September 2025—the first time since late 2024. Rates for certain financial products may change fairly quickly in response to this adjustment, but ...
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My credit-card APR is 27%. Here’s what happened when I asked my bank to lower it.

Last month while I was working on a story about the credit-card industry, I realized I didn’t know the APR on my own credit card. As a personal-finance reporter, this felt like a cardinal sin, so I ...
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The Fed's cutting rates but credit card APRs aren't budging — this is why

The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...