Friday, September 20, 2024

How much auto demand will the Fed's 0.5-point rate cut produce?

How much auto demand will the Fed's 0.5-point rate cut produce? https://ift.tt/iOMZEj3

The Federal Reserve cut its benchmark rate target 0.5 points on Sept. 18, which could reduce the market interest rates that Cox Automotive polling indicates are dealerships' No. 1 challenge.

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