TSLA410.060-12.18%
GM73.100-1.76%
F13.030-0.37%
RIVN13.350-0.44%
CYD50.4400.44%
HMC25.210-0.97%
TM187.370-3.31%
CVNA66.030-1.14%
PAG159.750-2.43%
LAD264.8902.97%
AN181.940-2.21%
GPI317.1803.56%
ABG176.280-2.89%
SAH74.0600.1%
TSLA410.060-12.18%
GM73.100-1.76%
F13.030-0.37%
RIVN13.350-0.44%
CYD50.4400.44%
HMC25.210-0.97%
TM187.370-3.31%
CVNA66.030-1.14%
PAG159.750-2.43%
LAD264.8902.97%
AN181.940-2.21%
GPI317.1803.56%
ABG176.280-2.89%
SAH74.0600.1%
TSLA410.060-12.18%
GM73.100-1.76%
F13.030-0.37%
RIVN13.350-0.44%
CYD50.4400.44%
HMC25.210-0.97%
TM187.370-3.31%
CVNA66.030-1.14%
PAG159.750-2.43%
LAD264.8902.97%
AN181.940-2.21%
GPI317.1803.56%
ABG176.280-2.89%
SAH74.0600.1%


Jerome Powell

Fed holds rates steady, squeezing used-car buyers

Fed holds rates steady, squeezing used-car buyers

- April 30, 2026
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. ...
Fed rates

Fed set to hold rates steady as auto industry watches financing costs and policy uncertainty

- January 28, 2026
On the Dash: The Federal Reserve is expected to hold interest rates steady, prolonging pressure on auto loan affordability and dealership financing costs. Dealers and automakers will closely watch Fed...
On Friday, Federal Reserve Chairman Jerome Powell indicated the possibility of interest rate cuts in the coming months.

Fed Chair Powell hints at possible rate cuts as risks persist

- August 25, 2025
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...
The Fed announced that it is keeping its benchmark interest rate unchanged at around 4.3% while raising its inflation forecast.

Fed holds rates steady, warns inflation may rise due to tariffs

- March 20, 2025
The Federal Reserve announced on Wednesday that it is to keep its benchmark interest rate unchanged at around 4.3% while raising its inflation forecast and lowering its economic growth outlook,...
Inflation accelerated in January as the cost of groceries, gasoline, and rent climbed, reinforcing the Fed's stance on interest rate cuts

U.S. inflation rises 3% in January, delaying hopes for Fed rate cuts

- February 14, 2025
U.S. inflation accelerated in January as the cost of groceries, gasoline, and rent climbed, adding pressure on businesses and households while likely reinforcing the Federal Reserve’s cautious stance on interest...
Auto loan interest rates are showing signs of improvement, offering hope to dealers/consumers who struggled with high rates throughout 2024.

Auto loan interest rates set to fall in 2025, offering relief to dealers and consumers

- January 14, 2025
As 2025 begins, auto loan interest rates are showing signs of improvement, offering hope to both car dealerships and consumers who have struggled with high rates throughout 2024. The Federal...
tax incentive

EV tax incentive delays could work in auto industry’s favor

- December 21, 2022
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March. Originally, the agency aimed to have all relevant regulations published in...
Fed interest rates

Fed officials likely to hike interest rates another 0.75 percentage point

- September 8, 2022
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...
recession

Former Fed economist Stephen Roach sheds light on recession concerns

- August 31, 2022
Stephen Roach, Senior Fellow at Yale University's Jackson School of Global Affairs, appeared on CNBC's "Fast Money" where he said the U.S. needs a "miracle" to avoid a recession.  Roach served as chair...
interest rates

Fed raises interest rates 0.75 points for the second time as inflation soars

- July 28, 2022
In an effort to curb rising prices, the Federal Reserve hiked interest rates by another 0.75% Wednesday afternoon, the same amount as its last move in June. Following the announcement, markets surged,...


CBT News
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