Tag: Federal Reserve

U.S. consumer borrowing rose in July for a second month, reflecting an increase in non-revolving credit such as auto loans ...

2020 will long be known as the year of the pandemic. For auto financiers, it will also be remembered as ...

Federal Reserve Chair Jerome Powell announced a new approach to monetary policy Thursday that takes a more relaxed stance on ...

Interest rates in the subprime credit tier have surpassed pre-COVID levels and are up more than a point on a ...

The auto asset-backed securities market has long been known for its resiliency. During the credit crisis, securitized pools of auto ...

The Federal Reserve’s historic foray into the credit market has benefitted auto companies the most, supporting an industry that’s borrowed its ...

Auto lending hasn’t been this pressed in 15 years. According to the Federal Reserve, auto lending underwriting standards have not ...

U.S. jobless claims rose last week for the first time since March, the clearest sign yet of a pause in ...