Fed cuts rates, signals two more before year-end
On the Dash:
The Fed cut its benchmark rate by 0.25 percentage points to 4.00%-4.25% and signaled two more cuts before year-end.
Weakening labor market conditions, rather than inflation, are...
TSLA364.6802.24%
GM85.6151.955%
F12.6110.3011%
RIVN12.930-0.0898%
CYD26.4900.14%
HMC34.4200.36%
TM196.0504.11%
CVNA61.5200.9%
PAG212.5650.565%
LAD303.3908.08%
AN163.0903.29%
GPI246.5756.775%
ABG173.5603.69%
SAH65.1801.67%
TSLA364.6802.24%
GM85.6151.955%
F12.6110.3011%
RIVN12.930-0.0898%
CYD26.4900.14%
HMC34.4200.36%
TM196.0504.11%
CVNA61.5200.9%
PAG212.5650.565%
LAD303.3908.08%
AN163.0903.29%
GPI246.5756.775%
ABG173.5603.69%
SAH65.1801.67%
TSLA364.6802.24%
GM85.6151.955%
F12.6110.3011%
RIVN12.930-0.0898%
CYD26.4900.14%
HMC34.4200.36%
TM196.0504.11%
CVNA61.5200.9%
PAG212.5650.565%
LAD303.3908.08%
AN163.0903.29%
GPI246.5756.775%
ABG173.5603.69%
SAH65.1801.67%
interest rates
Fed Chair Powell hints at possible rate cuts as risks persist
On the Dash:
The Fed chair signaled that interest rate reductions could occur in the coming months, but emphasized that decisions will be data-driven and cautious.
Powell noted tariffs are...
Fed holds rates steady as auto financing improves for top-tier buyers
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The Federal Reserve’s 50 basis point rate cut in September was the first since March 2020 — and prior to the onset of the coronavirus pandemic, a half-point easing had...
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...
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...
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