“We’re going to put a temporary cap on credit card interest rates. We’re going to cap it around 10%. We can’t let them make 25% and 30%.”

— Mr. Trump in a campaign speech in Uniondale, New York, on September 18, 2024

Typical credit card rates remain above 20%, according to Federal Reserve data.

https://www.cbsnews.com/news/trump-promi...inflation/

This complicates the use of consumer debt as a hedge against inflation.