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Key developments: Americans now carry over $1 trillion in credit‑card balances, with many unaware of their exact monthly interest charges, leading to unwitting extra costs. The Federal Reserve’s recent pause on interest‑rate …

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In August, overall credit‑card expenditure fell 2.8% year‑on‑year, dropping to ₹2.02 lakh crore from July’s ₹2.08 lakh crore, signaling a moderation in consumer spend even as annual growth remains positive. The slowdown …