Manila Times Business
Federal Reserve Holds Rates in June 2026; iLending Urges Consumers to Act on High Debt Costs
Persistently High Interest Rates Drive Need for Auto Loan Refinancing and Smarter Debt Strategies FRED Auto Loan Rate Series Auto Loan Rates Remain above 7%, near highest levels in over a decade. Englewood CO, June 19, 2026 (GLOBE NEWSWIRE) -- iLending, a leading national auto loan refinance platform, today responded to the Federal Reserve’s latest policy decision to hold benchmark interest rates steady at 3.50%-3.75%, signaling that borrowing costs may remain elevated for longer than previously
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