The Fed Didn't Cut Rates, But Your Credit Card's APR Could Still Change. Here's What You Need to Know
CNET/Getty Images The Federal Reserve once again held interest rates steady at Wednesday's meeting, but that doesn't mean your card's interest rate can't change. There are other things -- like economic uncertainty and the potential impact of tariffs -- that could impact your credit card's APR. The Federal Open Market Committee left interest rates at a target range of 4.25% to 4.5% (PDF) in response to continued uncertainty about the economy and "somewhat elevated inflation." Chair Jerome Powel