Fed’s preferred inflation metric cools while spending rebounds
The Federal Reserve’s preferred gauge of underlying inflation cooled last month while household spending rebounded. The so-called core personal consumption ...
Tag: Federal Reserve
Fed pencils in three rate cuts in 2024, shallower path ahead
Federal Reserve officials maintained their outlook for three quarter-point rate cuts this year but forecast fewer cuts than before in ...
Fed: Loan demand declines, auto sales slow
Automotive retail sales slowed in January and February amid affordability pressure from elevated interest rates and high vehicle prices, and ...
60-month loan rates tick down while lenders hold steady
The average interest rate for a 60-month loan for a new vehicle and a 1-year-old used vehicle has ticked down ...
US inflation tops forecasts, likely delaying any Fed rate cuts
US consumer prices jumped at the start of the year, dashing hopes for a continued drop in inflation and likely ...
Fed holds rates steady and inches closer to cutting in future
The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness to cutting them, though ...
2024 economic outlook: Sticking a soft landing
The consensus among economists and auto finance industry leaders heading into 2024 is much brighter than their prognosis for 2023, ...
Fed’s preferred inflation gauges cool, reinforcing rate-cut tilt
The Federal Reserve’s preferred gauge of underlying inflation barely rose in November and trailed policymakers’ 2% target by one measure, ...
