US Used Car Prices YoY (Jan) Y/Y 2.4% (Prev. 0.4%)
Newsquawk Staff ·
US Used Car Prices YoY (Jan) Y/Y 2.4% (Prev. 0.4%)
What it means
The increase in US used car prices year-on-year to 2.4%, up from 0.4%, suggests a significant rebound in demand, potentially indicating inflationary pressures. This rise could influence Fed policy discussions, as it reflects broader trends in consumer prices and may weigh on expectations for future rate adjustments.
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