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What moves auto loan rates? share 8 days ago by Rand Stuck The federal funds rate, from which the prime rate is derived, is the target rate set by the Federal Open Market Committee. Since December 2008, the rate has been at a range of 0 percent to 0.25 percent. If the federal funds rate isn’t moving but interest rates on various products are, what’s driving ... AutoWerks - autowerks.com/blog |