should finish out at a very low interest rate of 1.8, but will be followed next year by an increasing rate of 3.1 percent.
Inflation is consistently at a level that is manageable for the automotive industry. As a result, Carmetrics believes that the Federal Reserve will maintain a neutral stance with regard to monetary policy actions. At least through the second quarter and probably through the third quarter as well (carmetrics.com). The increase by the Federal Reserve are estimated to be relatively small, approximately 50 basis points which is equivalent to approximately 150,000 unit decline in light vehicle sales. It is important to understand that the changes in the interest rates are not the same as the chang
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