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Buying a Car Stays Expensive Due to Fed Decision
The average car loan carries a 6.3% interest rate for a six-month loan, according to Edmunds data. Used cars are even higher ...
Auto industry bracing for further disruption in 2025, experts say
Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...
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Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
UPI13d
Federal Reserve keeps interest rates unchanged, defies Trump
Mortgages, car loans and credit card rates are tied ... from the 40-year peak it hit in mid-2022 when it was 9.1%. The Federal Reserve rate then was 1.2%. "The Committee seeks to achieve maximum ...