Coverage dated October 27, 2026

The Fed raised rates for the first time since 2023. What it means for car loans

Headline from KYMA Yuma

By Jae Shin for Caribou The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point in September 2026, bringing its target range to 3.75%-4.00%. It was the Fed’s first rate increase since 2023.

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    The Fed raised rates for the first time since 2023. What it means for car loans (opens KYMA Yuma)

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    KYMA Yuma's feed description

    By Jae Shin for Caribou The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point in September 2026, bringing its target range to 3.75%-4.00%. It was the Fed’s first rate increase since 2023.

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