Tag: interest rates
6 key automotive retailing trends to watch closely in 2024
As the automotive industry continues to evolve, the year 2024 promises to be a pivotal one marked by dynamic shifts in automotive retailing. From...
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...
Retail sales rose 0.3% in May, beating analyst expectations
Despite the challenges posed by persistent inflation and rising borrowing costs, Americans increased their spending at retailers in the month of May.
According to the...
Fed raises interest rates one more time, indicates hikes could be...
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...
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%...
Why the Fed raised interest rates again, and why it matters...
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...
Fed raises interest rates by another 0.75 points to curb US...
In a highly anticipated move, the Federal Reserve raised benchmark interest rates by another three-quarters of a percentage point on Wednesday and indicated that...
The Fed will likely get more aggressive in tackling inflation this...
A number of recently released reports show a combination of positive and negative outlooks for the economy and labor market, just ahead of another...
Billionaire investor Ray Dalio predicts recession, high interest rates
Ray Dalio, a prominent investor, and Bridgewater Associates founder, shared his opinion about inflation, falling stock prices, and future interest rate increases on social...
New Jersey dealer Tom Maoli on inflation, EVs, interest rates, and...
Welcome to another edition of Inside Automotive with Jim Fitzpatrick. Today, we're pleased to welcome back Tom Maoli, President and CEO of Celebrity Motor...
