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Story summary
- The Federal Reserve’s rate-setting committee raised the federal funds rate by a quarter-point to 3.75%-4.0%.
- 30-year Treasury yields climbed to 5.446%, a level not seen since 2004.
- Auto loan rates rose 20 basis points for new cars and 10 basis points for used cars.
- New-car loan rate fell to 6.35% in Q2 2026.
- Used-car loan rate fell to 11.2% in Q2 2026.
