Payne: Fed Interest Rate Cuts Signal Cautious Optimism
The federal interest rate cut some .25 percent Wednesday, and a Tennessee Tech professor said the response expected. Tech’s Dean of the School of Business and Professor of Finance Tom Payne said there has been some weakening in the economy. Payne said the Federal Reserve is trying to strike a balance with their mandate. “We’ve […]
Tech And Averitt Express Team Up To Offer New Minor In Logistics
Tennessee Tech and Averitt Express are collaborating on a new minor in logistics and supply chain management. The minor program will be part of the College of Business. The program will come with an internship and part-time employment opportunities with Averitt Express. Dean of the College of Business Tom Payne said the program will help […]
TTU’s Dean Tom Payne: Positive News From Recent Fed Decisions
The Federal Reserve decided to pause interest rate hikes Wednesday, the first time it has done so over the last ten times it has met. Tennessee Tech College of Business Dean Tom Payne said that indicates the Fed’s desire to prevent accidentally overtightening. He said as the nation approaches a year under historic inflation conditions, […]
