Weekly Wrap on inflationary impacts in auto finance
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Affordability concerns continue to plague the auto finance industry amid high prices and rising interest rates in a global economy marked by supply shortages and rampant inflation. Elevated prices have been compounded by interest rate increases across the industry following the Federal Reserve’s decision last week to raise its benchmark rate by 75 basis points.
In this episode of the Weekly Wrap, the Auto Finance News editors discuss the top stories for the week ended June 17, and the industry news in store for the week ahead.
Weekly Wrap on inflationary impacts in auto finance