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Fed: Vehicle sales were mixed in April amid high interest rates

Softer demand and lowering consumer confidence could dampen sales

Riley Wolfbauer

Auto sales were mixed in April as improving vehicle supply propped up sales, but high interest rates contributed to softening demand.  The Federal Reserve System’s April edition of its Beige Book, based on data collected as of April 19, reports on 12 U.S. districts categorized by cities and represented by Federal Reserve Banks.    Auto sales remained steady […]

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