Thursday, March 22, 2018

Interest Rate Hikes Are Already Baked Into Lower Auto Industry Sales Forecasts

As expected, the Federal Reserve hiked the benchmark fed funds rate, which inevitably serves to raise rates on auto loans. Auto industry forecasters said rate hikes are already baked into lower auto sales forecasts for 2018.

from Forbes Real Time https://www.forbes.com/sites/jimhenry/2018/03/22/interest-rate-hikes-are-already-baked-into-lower-auto-industry-sales-forecasts/
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