#美国非农就业数据未达市场预期 Friday night strikes again with a tough move—Trump suddenly announces that credit card interest rates will be forcibly capped at 10%

Just as Friday evening arrives, Trump publicly states that the ceiling for credit card interest rates will be set at 10%, to be implemented starting January next year. Currently, banks generally earn a 20%-30% interest spread, so this is a serious move.

The issue is, this isn’t just a suggestion or proposal, but a concrete administrative action. If it bypasses Congress and is enforced directly, it would be a first in the U.S. financial system. The news was released outside trading hours, and financial institutions and major banks are definitely on edge.

Interestingly, this is the second time he’s made a major move after market hours on a Friday. The last time was a significant adjustment related to energy trade. Frequent moves outside trading hours suggest there’s a strategic plan behind it.

In terms of actual effect, consumers’ interest expenses could indeed decrease, but the liquidity of risk assets might be hedged by financial institutions tightening loan approvals. For investors relying on credit financing, this directly impacts financing costs and market sentiment. Some arbitrage opportunities may be squeezed, and market risk premiums will also adjust accordingly.

Why target Friday night specifically? From a trading strategy perspective, policy signals outside trading hours often maximize market reaction. The timing of such decisions itself sends a message: a deeper, coordinated set of measures is brewing. Financial markets and crypto markets are always closely linked to macro policies, and such policy changes will ultimately influence the pricing of risk assets. Stay alert and watch for other policy developments.