US economy slows and inflation jumps, damping soft-landing hopes
US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run ...
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All quiet on the auto ABS front
The auto asset-backed securities market has been chugging through the first four months of the year in a welcome reprieve ...
Fed: Auto sales follow sluggish trend
Automotive retail sales continued to slow in March due to high interest rates and vehicle prices paired with affordability concerns. ...
US core CPI tops forecasts again, likely delaying Fed rate cuts
A measure of underlying US inflation topped forecasts for a third straight month, heralding a fresh wave of price pressures ...
Blowout jobs data raise chance of delayed, fewer Fed rate cuts
The biggest US jobs gain in nearly a year boosts the chances Federal Reserve officials will further delay cutting interest ...
Podcast: ‘Weekly Wrap’ discussion on sales, incentives
The return of higher supply levels is contributing to an uptick in incentives and increased new-vehicle sales projections. Incentive ...
Fed’s preferred inflation metric cools while spending rebounds
The Federal Reserve’s preferred gauge of underlying inflation cooled last month while household spending rebounded. The so-called core personal consumption ...
Fed pencils in three rate cuts in 2024, shallower path ahead
Federal Reserve officials maintained their outlook for three quarter-point rate cuts this year but forecast fewer cuts than before in ...
