Increasing Interest Rates Come As Part Of Addressing Inflation
The federal reserve has increased interest rates, and is expected to do so again next month in its ongoing efforts to reduce inflation. Tennessee Tech College of Business Dean Thomas Payne said it will have a big economic impact, but a necessary one. He said as rates increase, the price of goods will decrease. “This […]
Stock Market Has Strong Comeback, But Could See Some Volatility In Future
A Tennessee Tech professor says that the stock market up 14 percent since the start of last year is indicative of a comeback in money flow after COVID. Dean of Tennessee Tech’s College of Business Thomas Payne said that this is due to consumerism driving the economy. “Folks are spending again that’s coming back,” Payne […]
