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...
TSLA358.2303.4202%
GM77.1800.18%
F12.030-0.0299%
RIVN14.655-0.285%
CYD31.7850.755%
HMC31.6350.035%
TM183.1100.01%
CVNA59.830-2.71%
PAG200.8250.485%
LAD292.9801.15001%
AN160.5303.09%
GPI244.9204.48%
ABG172.5500.25%
SAH61.0900.74%
TSLA358.2303.4202%
GM77.1800.18%
F12.030-0.0299%
RIVN14.655-0.285%
CYD31.7850.755%
HMC31.6350.035%
TM183.1100.01%
CVNA59.830-2.71%
PAG200.8250.485%
LAD292.9801.15001%
AN160.5303.09%
GPI244.9204.48%
ABG172.5500.25%
SAH61.0900.74%
TSLA358.2303.4202%
GM77.1800.18%
F12.030-0.0299%
RIVN14.655-0.285%
CYD31.7850.755%
HMC31.6350.035%
TM183.1100.01%
CVNA59.830-2.71%
PAG200.8250.485%
LAD292.9801.15001%
AN160.5303.09%
GPI244.9204.48%
ABG172.5500.25%
SAH61.0900.74%
Fed
Why the Fed raised interest rates again, and why it matters to the auto-industry
The Federal Reserve has now raised interest rates to their highest since 2008, solidifying the concerns of many industry insiders that the auto-market will worsen in 2023.
The Fed has hiked...
Fed officials likely to hike interest rates another 0.75 percentage point
On August 26, in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell made a public pledge to reduce inflation, even at the expense of the unemployment rate. “We will keep at...
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