F&I

Cox's economist sees the Fed leaning toward higher rates

In Cox's Nov. 9 weekly summary, chief economist Jeremy Robb says a firmer job market and inflation running near 4% make it likely the Fed resumes raising rates. That is Cox's forecast, not a Fed decision, per Cox Automotive. If it plays out, buy rates and payment quotes could move up again into year-end, which may bring term length and down payment back to the center of more F&I conversations. Link