What the Fed’s rate hike means for car buyers and your F&I office
On the Dash:
The Fed raised rates a quarter point to 3.75% to 4%, its first hike since 2023.
Most Fed officials project at least one more rate increase before...
TSLA404.220-3.24%
GM82.4801.94%
F11.9300.22%
RIVN11.670-0.15%
CYD24.0000.59%
HMC33.680-0.392%
TM194.850-1.71%
CVNA59.050-0.18%
PAG211.950-0.2%
LAD288.690-2.04%
AN164.180-0.63%
GPI249.540-4.66%
ABG193.530-1.46%
SAH63.130-0.55%
TSLA404.220-3.24%
GM82.4801.94%
F11.9300.22%
RIVN11.670-0.15%
CYD24.0000.59%
HMC33.680-0.392%
TM194.850-1.71%
CVNA59.050-0.18%
PAG211.950-0.2%
LAD288.690-2.04%
AN164.180-0.63%
GPI249.540-4.66%
ABG193.530-1.46%
SAH63.130-0.55%
TSLA404.220-3.24%
GM82.4801.94%
F11.9300.22%
RIVN11.670-0.15%
CYD24.0000.59%
HMC33.680-0.392%
TM194.850-1.71%
CVNA59.050-0.18%
PAG211.950-0.2%
LAD288.690-2.04%
AN164.180-0.63%
GPI249.540-4.66%
ABG193.530-1.46%
SAH63.130-0.55%
Fed interest rates
Fed holds rates steady, dealers brace for possible hike later this year
On the Dash:
Fed holds rates at 3.5% to 3.75%, scraps March forecast for a 2026 rate cut
9 of 18 Fed officials now expect a rate hike before year...
Fed holds rates steady, squeezing used-car buyers
On the Dash:
Used-car buyers face the greatest strain as high interest rates persist, with no incentives to offset costs.
Rising gas prices disproportionately impact lower-income households, compounding affordability challenges.
...
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