The Atlantis Report: Credit Card Companies Drop Bombshell on Interest Rates

The financial landscape in the United States has experienced considerable turbulence over recent months. With the sudden collapse of three regional banks, combined with a series of aggressive rate hikes by the Federal Reserve, uncertainty is omnipresent. In light of these challenges, U.S. banks are implementing defensive measures to safeguard their financial stability, with ramifications that echo through the entire economy. The failures of the regional banks have sent shockwaves through the financial sector, prompting concerns about the long-term sustainability of certain lenders. The Federal Reserve’s aggressive strategy of increasing interest rates to combat inflation has further compounded these anxieties….