Beige Book: Affordability woes hinder auto sales
Affordability concerns dampened auto sales in July and August as elevated interest rates and high vehicle prices point to a ...
Tag: The Federal Reserve
Fed mulls ‘game changer’ to jolt inflation: Decision day guide
Federal Reserve Chair Jerome Powell, who’s carefully telegraphed interest rate hikes over four years, looks likely to abandon gradualism and ...
Fed lifts rates a quarter point in opening bid to curb inflation
The Federal Reserve raised interest rates by a quarter percentage point and signaled six more such hikes this year, launching ...
Regulators urge ‘responsible’ use of alternative data
With lenders increasingly relying on nontraditional data to hone underwriting, five banking regulators have urged that lenders maintain “robust” compliance ...
Credit margins shrinking in auto amid Fed rate cut, economist says
Despite the Federal Open Market Committee’s (FOMC) goal of boosting the economy and reducing the cost of borrowing money for ...
