CategoryFinance Insurance

Fed raises interest rates 0.25 of a point as new-car loans loom at 7%

Federal Reserve Chairman Jerome Powell. (Federal Reserve)
Federal Reserve Chairman Jerome Powell (Federal Reserve)
Author
JH
By:
John Huetter
July 26, 2023 06:50 PM

Featured Stories

Honda, Nissan plan to merge with Honda in driver’s seat by summer 2026
ImageHonda, Nissan plan to merge with Honda in driver’s seat by summer 2026
Calif. dealers threaten legal action to block Scout Motors’ direct to consumer sales
ImageCalif. dealers threaten legal action to block Scout Motors’ direct to consumer sales
Carlos Ghosn plugs Nissan Armada, blasts Nissan management for ‘surrendering’ to ‘archrival’ Honda
ImageCarlos Ghosn plugs Nissan Armada, blasts Nissan management for ‘surrendering’ to ‘archrival’ Honda
Dire outlook in China prompts Honda, Nissan to join hands globally
ImageDire outlook in China prompts Honda, Nissan to join hands globally