Fed’s interest rate cuts could revive buyer interest
The Federal Reserve announced a 0.25% cut to its benchmark interest rates, bringing the target range to 4.5-4.75%.
This marks the second interest rate cut this year, with the first...
TSLA365.4401.88%
GM85.620-0.5%
F13.9700.09%
RIVN16.030-0.02%
CYD35.820-0.08%
HMC32.5200.905%
TM198.2005.72%
CVNA69.160-1.12%
PAG215.910-0.7%
LAD358.020-8.13%
AN203.670-3.55%
GPI278.270-3.57%
ABG208.500-0.31%
SAH75.900-0.62%
TSLA365.4401.88%
GM85.620-0.5%
F13.9700.09%
RIVN16.030-0.02%
CYD35.820-0.08%
HMC32.5200.905%
TM198.2005.72%
CVNA69.160-1.12%
PAG215.910-0.7%
LAD358.020-8.13%
AN203.670-3.55%
GPI278.270-3.57%
ABG208.500-0.31%
SAH75.900-0.62%
TSLA365.4401.88%
GM85.620-0.5%
F13.9700.09%
RIVN16.030-0.02%
CYD35.820-0.08%
HMC32.5200.905%
TM198.2005.72%
CVNA69.160-1.12%
PAG215.910-0.7%
LAD358.020-8.13%
AN203.670-3.55%
GPI278.270-3.57%
ABG208.500-0.31%
SAH75.900-0.62%
Federal Reserve
High rates, high stakes: Scott Dooley on sourcing, selling, and navigating today’s challenges
With auto finance rates remaining stubbornly high despite recent Federal Reserve cuts, independent dealerships like Carbox are feeling the pressure. Scott Dooley, owner of Carbox in Kenosha, Wisconsin, joins us...
Pete MacInnis on the impact of the Fed’s rate cuts and the future of automotive financing
On this episode of Inside Automotive, we sit down with Pete MacInnis, CEO of eLEND Solutions, to discuss the Federal Reserve’s recent interest rate cut and its implications for the...
Fed slashes interest rates, offering relief as inflation eases
The Federal Reserve announced a 50 basis point cut to its benchmark interest rate today, lowering the federal funds rate to a range of 4.75% to 5%. This is the...
Federal Reserve maintains interest rates, keeping vehicle financing costs high
The Federal Reserve opted to keep its benchmark rate unchanged during its July meeting, maintaining the target range between 5.25% and 5.5% to restrict future inflation. This decision, however, continues...
Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate unchanged. Following the Federal Open Market...
Powell: The Federal Reserve leave rates unchanged
The Federal Reserve held interest rates steady on November 1 while policymakers grappled with whether financial conditions would be sufficiently tight enough to contain inflation or if the economy would...
Fed maintains interest rates but auto industry still faces economic tension
As anticipated, the Federal Reserve maintained rates regarding the declared short-term rate policy. However, they also clarified that there may be more rate increases in the future because they are...
Fed raises interest rates one more time, indicates hikes could be ending
The Federal Reserve has hiked interest rates once again, this time by 0.25%, but appears poised to discontinue the dis-inflationary tactic.
After the last increase in February, Fed Chair Jerome Powell...
Federal Reserve slightly raises interest rates, but warns of further increases
The Federal Reserve has again raised interest rates, but this time only by a quarter of a percent to a target range of 4.5% to 4.75%.
The announcement marks the eighth...
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