With Inflation Still at 2.7%, Trump Proposes Fixing Prices on Credit Cards

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摘要

Inflation isn't whipped yet, with new figures showing prices up 2.7% year over year, and 3.1% for food. But as Donald Trump seeks answers to "affordability," his latest is a plan to cap credit-card interest rates at 10%, an idea favored by Elizabeth Warren and Bernie Sanders. What economic side effects would this create for consumers?

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