Bankrupt home goods chain Big Lots raised its APR by 6 percentage points from 29.99% to 35.99% — the largest increase out of the retailers reviewed by Bankrate.
Should the economy run hot and inflation flare up again, Powell and his colleagues could decide to tap the brakes on their efforts to lower interest rates.
81% of working baby boomers and 82% of Gen Xers say they are worried they may not receive their benefits at retirement age if Social Security funds are depleted.