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Careful credit card consumers can cut costs.(Knight Ridder Newspapers)
Byline: Jeff Gelles
You and I weren't the focus of last week's decision by the Federal Reserve to cut a key short-term interest rate to a 45-year low. The main goal was to boost the economy by spurring business borrowing.
But many of us can benefit from the Fed's latest move if we play our cards right _ credit cards, that is.
That's the suggestion from those who keep tabs on the credit-card market, such as David Robertson, publisher of the Nilson Report, an industry journal.
"Unquestionably, there has never been a better time to borrow money on a credit card. Rates have never been lower," Robertson said.
That may not be obvious if you have a card that ...
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