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Tag Archives: rates

Fed cuts interest rates in emergency move

The Federal Reserve slashed interest rates by half a percentage point in the first such emergency move since the 2008 financial crisis, amid mounting concern that the coronavirus outbreak threatens to stall the record U.S. economic expansion. The rate cut, which came between the central bank’s regularly scheduled meetings, was …

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Consumer auto loan rates are declining

After four federal interest rate hikes in 2018 and three reductions last year, consumer auto loan rates are easing, according to analysts who track auto loan patterns and dealers committed to finding the best rates for their customers. The Federal Reserve last cut its interest-rate target Oct. 31, to a …

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