You're welcome: The Fed gifts a strong auto finance sector | Auto Finance News | Auto Finance News

You’re welcome: The Fed gifts a strong auto finance sector

Apparently, Halloween is the new Christmas in auto finance. Yesterday, the Federal Reserve gifted the industry a 25-basis-point interest rate cut, the third time the Fed has cut rates this year. The central bank’s benchmark rate now stands at 1.5% to 1.75%. A present like that doesn’t even need gift wrapping. “We believe monetary policy […]

SUBSCRIBE TODAY

TO START YOUR FREE WEEK TRIAL!

Keep Reading

Already subscribed? Log in below