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NIADA
December 18, 2024

Fed cuts interest rates for third straight meeting

The Federal Open Market Committee cut interest rates another quarter of a point Wednesday, lowering the federal target rate to 4.25 to 4.5 percent. It was the third straight meeting for the…
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The NIADA represents the used motor vehicle industry comprised of some 40,000 licensed used auto dealers for over 75 years. By engineering programs and leveraging technology to fulfill its mission, the NIADA advances, educates and promotes the independent used auto dealer. For more information visit www.niada.com.

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