Tag: auto loans
Powell faces fresh challenges to Fed independence amid potential rate cuts
WASHINGTON (AP) – Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces...
Federal Reserve officials see risks of higher inflation ahead, support pause...
WASHINGTON (AP) – Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark...
Resilient credit unions see future in younger members
The challenging interest rate environment of the last few years may extend a decadeslong consolidation among local credit unions.
But as this week’s cover story...
Powell may hint at how fast and how far the Fed...
WASHINGTON (AP) – Federal Reserve officials have said they're increasingly confident that they've nearly tamed inflation. Now, it's the health of the job market that's...
Federal Reserve’s preferred inflation gauge eased last month for the first...
WASHINGTON (AP) – A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after...
Are U.S. interest rates high enough to beat inflation? The Fed...
WASHINGTON (AP) – The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several...
Suddenly, auto loans popular at credit unions
Frederick Reinhardt immediately noticed something was up – way up – last year shortly after the Federal Reserve began hiking interest rates from nearly...
Citizens Financial Group to cease originating indirect auto loans
PROVIDENCE – Citizens Financial Group Inc., will no longer originate indirect auto loans as part of its strategy to optimize its balance sheet and...
June pause in rate hikes would be close call for Fed...
WASHINGTON (AP) – Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in...
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