Tag: Federal Reserve
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...
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...
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...
