Topics discussed includes if fleets should reevaluate their future vehicle cycling plans; the resolution of the unintended personal-use charge tax consequence on fleets in 2020; and how new accounting lease standards might impact future vehicle lifecycle trends.
March 22, 2021
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%.
October 31, 2019
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%.
August 1, 2019
The Federal Reserve has voted unanimously that it would not hike interest rates any further for the remainder of 2019.
March 25, 2019
Federal Reserve Chairman Jerome Powell announced the fourth interest-rate hike of the year while downgrading central bankers' expectations for economic growth in 2018 and 2019.
December 20, 2018
Auto loan interest rates in June likely reached their highest level in nine years, Edmunds reported, a week after saying a strong economy is likely masking market factors bubbling just below the service that could start to slow down sales.
July 5, 2018
With the labor market continuing to strengthen and economic activity rising at a solid rate, the Federal Reserve raised the Federal Funds Rate a quarter percentage point for the second time this year — putting the target for short-term rates in the 1.75 to 2% range.
June 15, 2018
The Federal Reserve voted unanimously to maintain the target range for the federal funds rate at 1.5% and 1.75% on Wednesday, but hinted at a possible rate hike in June with inflation creeping closer to its 2% goal.
May 4, 2018
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.
December 13, 2017
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.
April 18, 2017
The Federal Open Market Committee (FOMC) voted 9-1 on March 15 to raise the target range for the federal funds rate by a quarter percentage point to 0.75% to 1% — a move that was widely expected.
March 16, 2017
Policy makers at the Federal Reserve on Wednesday announced an increase in interest rates for the first time this year and only the second time since the depths of the Great Recession and there are expected to be at least some repercussions for trucking.
December 14, 2016
Within the context of fleet management, the concept of megatrends is used to identify economic and technological forces that can potentially alter our present-day industry in game-changing ways. Among the current megatrends that can potentially alter fleet as we know it are a higher interest rate environment, a higher taxation environment, leap-frogging technology, changing fleet demographics, and higher acquisition costs.
August 27, 2012
TORRANCE, CA – Fleet Financials magazine has an article covering ways to fund a fleet, from making the right leasing choices, how to take advantage of today’s low interest rates, and tips on choosing the best funding choices for a fleet.
August 14, 2012
Watching the pennies on the interest basis of the lease can add up to significant savings.
December 1, 1970