The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed through to auto loans, which fell on average from a peak of 7.3% in July to 6.8 ...
The FederalReserve sets the federal funds target rate, also known as the fed funds rate, which is the interestrate at which commercial banks lend to each other overnight. Below, CNBC ...
NEW YORK — The FederalReserve's third interestrate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and ...