Following the Federal Reserve’s interest rate cuts in September, new data reveals a $10.5 billion, or 5.1% increase, in new business volume for equipment leases and loans from September to October – its largest jump since August 2023, according to the Equipment Leasing and Finance Association CapEx Finance Index: October 2024 report.
Read the full article here: https://www.equipmentfa.com/news/38984/fed-rate-cut-sparks-surge-in-equipment-demand
