Fed holds rates at 22-year high, signals concern on yield rise
The Federal Reserve held interest rates at a 22-year high for a second straight meeting, while suggesting that the recent ...
Tag: interest rates
Affordability, delinquencies, supply: 3 themes at Auto Finance Summit
LAS VEGAS – Elevated interest rates and rising monthly payments are exacerbating affordability concerns as delinquencies rise across prime and ...
Podcast: ‘Weekly Wrap’ on market share, interest rates, Carvana
Rising interest rates have prompted shifts in market share and affordability concerns across the auto finance industry, while several auto ...
Fed leaves rates unchanged, signals one more hike this year
The Federal Reserve left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer after ...
Fed raises interest rates to 22-year high, leaves door open for more
The Federal Reserve raised interest rates to the highest level in 22 years and left the door open to additional ...
Average monthly payments reach a record $733 in Q2
New-vehicle loan average monthly payments — and the share of consumers with $1,000 monthly payments — reached a record high ...
Payrolls data showing solid wage growth keeps Fed on track to hike rates
A solid employment report with stronger-than-expected wage growth for June keeps the Federal Reserve on track to raise interest rates ...
Cash purchases increase for powersports amid rising interest rates
Some powersports customers are paying in cash instead of financing their purchases amid rising interest rates, as the Federal Reserve ...
