The U.S. Federal Reserve’s Federal Open Market Committee raised interest rates again Wednesday. It's a sign that the Fed believes the economy is in no danger of slowing down, including taking into consideration this week's latest economic reports.
The Impact of Rising Interest Rates on TCO
Fleets using open-end leases may need to reevaluate their total cost of ownership (TCO) calculation as federal interest rates continue to rise in 2017, fleet management company experts told AutomotiveFleet.com.