![Credit card debt crosses $1 Trillion, US economy under pressure as cost-of-living soars](https://dailytalks.org/wp-content/uploads/2023/08/91133-credit-card-debt-crosses-1-trillion-us-economy-under-pressure-as-cost-of-living-soars.jpg)
Federal Reserve raised interest rates to keep inflation under pressure, but the increased interest rate on credit card debt made life miserable for average Americans. Know in detail how the US economy may suffer due to the increased credit card debt burden…
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