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Fed Triggers Third Interest Rate Cut of 2019

Chairman Jerome Powell announced the Federal Reserve's third quarter-point interest rate...

The Federal Reserve announced a quarter-point interest rate reduction yesterday, its third such move this year. The target federal funds rate now stand at 1.5% after starting the year at 2.25%.

News

Fed Announces First Rate Cut in 11 Years

Jerome Powell, seen here with Donald Trump in 2017, has faced pressure from the president and...

Federal Reserve Chairman Jerome Powell officially announced a widely expected cut to the federal funds rate yesterday, dropping the central bank's target by a quarter-point to 2%.

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New IARA Board Member: Steve Solomon

As a new member of the International Automotive Remarketers Alliance (IARA) board of directors, Steve Solomon, VP of asset remarketing for Santander Consumer USA, is not only excited to engage with like-minded individuals, he is also looking to further grow in an industry that he has been a part of for nearly two decades.