Tag: Federal Reserve

Major banks began increasing their prime lending rates today on the heels of the biggest Federal Reserve benchmark rate increase ...

Federal Reserve officials raised their main interest rate by three-quarters of a percentage point - the biggest increase since 1994 ...

US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the ...

US employers hired at a robust clip in May while wage gains held firm, suggesting the economy continues to power ...

Subprime auto delinquencies in March are likely performing better than recently reported, largely due to “double counting” between late-stage delinquencies ...

The Federal Reserve raised interest rates by the steepest increment since 2000 and decided to start shrinking its massive balance ...

The auto finance industry continues to feel the ramifications of tight vehicle supply as lenders keep a close eye on ...

Federal Reserve Chair Jerome Powell blessed a half-point interest-rate hike next month and signaled support for further aggressive tightening to ...