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Continue to ChatWe may see more consumers making a large purchase they had been putting off because it seems relatively more affordable, we'll likely see credit card rates decline by a small amount in response to the cut in the target federal funds rate. However, charge-off rates have been increasing over the past few years, which has also contributed to increased credit card rates among less credit-worthy consumers. So, I'd expect the effect to be more muted among those with low credit scores. - Dieter Scherer from https://whatsmyquote.com/quote/we-may-see-more-consumers-making-a-large-purchase-they-had-been-putting-off-because-it-seems-relatively-more