Tag: Federal Reserve
U.S. inflation rises 3% in January, delaying hopes for Fed rate...
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...
Feds hold interest rates steady amid uncertainty around inflation, Trump’s policy...
The Federal Reserve has opted to keep its benchmark interest rate unchanged at 4.25% to 4.5% yesterday, pausing after a series of rate cuts...
Fed eases rates again but signals slower path ahead
The Federal Reserve took another step toward easing monetary policy by cutting its benchmark federal funds rate by 0.25 percentage points to a range...
Interest rate impact on dealership P&L more profound than easing consumer...
The Federal Reserve’s 50 basis point rate cut in September was the first since March 2020 — and prior to the onset of the...
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...
High rates, high stakes: Scott Dooley on sourcing, selling, and navigating...
With auto finance rates remaining stubbornly high despite recent Federal Reserve cuts, independent dealerships like Carbox are feeling the pressure. Scott Dooley, owner of...
Pete MacInnis on the impact of the Fed’s rate cuts and...
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...
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...
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...
Federal Reserve holds interest rates steady, impacting auto loans and dealer...
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate...
