Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Listen: Weekly Wrap on increased interest rates, leasing trends and fraud

The Federal Reserve increased interest rates by a quarter percentage point last week

Whitney McDonald

Issues related to the pandemic continue to linger, evidenced by last week’s Federal Reserve rate hike, an influx in fraudulent activity, and suppressed leasing incentives in the automotive lending space. Last week, the Federal Reserve raised interest rates by a quarter percentage point as inflation continues to climb. Bank of America, Fifth Third, JPMorgan Chase, […]

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