Johnson confirmed he had a conversation with Trump on Monday regarding a potential 10% interest rate cap on credit cards. This policy proposal is making waves in financial circles. If implemented, such a ceiling could reshape consumer credit dynamics and have ripple effects across multiple asset classes. The discussion highlights how regulatory and monetary policy shifts continue to influence broader market sentiment. Whether this materializes remains to be seen, but it's the kind of macro headwind traders should be monitoring closely.
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Johnson confirmed he had a conversation with Trump on Monday regarding a potential 10% interest rate cap on credit cards. This policy proposal is making waves in financial circles. If implemented, such a ceiling could reshape consumer credit dynamics and have ripple effects across multiple asset classes. The discussion highlights how regulatory and monetary policy shifts continue to influence broader market sentiment. Whether this materializes remains to be seen, but it's the kind of macro headwind traders should be monitoring closely.