Automotive News Fed delivers small interest rate hike, flags possible pause in tightening cycle - Printable Version

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Fed delivers small interest rate hike, flags possible pause in tightening cycle - Automotive News - 05-04-2023

Fed delivers small interest rate hike, flags possible pause in tightening cycle

<p>The unanimous decision lifted the U.S. central bank's benchmark overnight interest rate to the 5-5.25 percent range. The Federal Reserve’s actions increase the likelihood of higher borrowing costs for new and used vehicles and other forms of credit.</p>

https://www.autonews.com/finance-insurance/fed-delivers-small-interest-rate-hike