Wednesday, September 18, 2019

More rate cuts won't help shoppers, Cox says

More rate cuts won't help shoppers, Cox says https://ift.tt/34UiSav

As borrowers and lenders anticipate the Federal Reserve will shave another 50 basis points off short-term, benchmark interest rates this year, including another cut expected Wednesday, auto experts say car shoppers won't see an appreciable difference in the rates they secure to borrow for a new crossover or pickup.

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