05-04-2023, 04:31 AM
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-insuran...-rate-hike
<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-insuran...-rate-hike