Synthetic auto securitization volume nears 2021 peak
Auto lenders are increasingly using synthetic risk transfer securitizations to offload part of the portfolio’s credit risk to third-party investors ...
Tag: Federal Reserve
Fed cut to influence vehicle affordability — eventually
While the Federal Reserve cut the federal funds rate on Sept. 18, it will take time for the impact of ...
Fed cuts rates by half point in decisive bid to defend economy
The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, in an aggressive start to a ...
Big Wheels: Auto outstandings climb 1.8% year over year
Auto outstandings increased sequentially and year over year in the second quarter. Second-quarter auto outstandings totaled more than $1.5 trillion, ...
Beige Book: Auto sales mixed after CDK cyberattack
Auto sales were mixed in June as several dealerships reported that sales were down, in part because of the cyberattack ...
Powell flags rising risks to jobs while avoiding rate-cut timing
Federal Reserve Chair Jerome Powell said officials are increasingly wary of potential risks to the labor market from high borrowing ...
US payroll growth slows and jobless rate ticks up to 4.1%
US hiring and wage growth stepped down in June while the jobless rate rose to the highest since late 2021, ...
Fed’s favored price gauge slows, supporting case for rate cut
The Federal Reserve’s preferred measure of underlying US inflation decelerated in May, bolstering the case for lower interest rates later ...
