{"id":276,"date":"2024-11-09T02:21:22","date_gmt":"2024-11-09T02:21:22","guid":{"rendered":"https:\/\/blogarchive.utc.edu\/crer\/?p=276"},"modified":"2024-11-13T21:32:25","modified_gmt":"2024-11-13T21:32:25","slug":"11-7-2024-fed-cuts-interst-rate-for-the-second-time-this-year","status":"publish","type":"post","link":"https:\/\/blogarchive.utc.edu\/crer\/2024\/11\/09\/11-7-2024-fed-cuts-interst-rate-for-the-second-time-this-year\/","title":{"rendered":"11\/7\/2024: Fed Cuts Interest Rate for the Second Time This Year"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"462\" height=\"240\" src=\"https:\/\/blogarchive.utc.edu\/crer\/files\/2024\/11\/Screenshot-2024-11-08-211035.png\" alt=\"\" class=\"wp-image-277\" \/><\/figure><\/div>\n\n\n<p>CRER Research Scholar <a href=\"https:\/\/www.utc.edu\/gary-w-rollins-college-of-business\/crer\/people#BentoLoboResearchScholar\">Dr Bento Lobo<\/a> was interviewed on Channel 3 about the latest rate cut by the Federal Reserve. &#8220;Well, the message from the Fed right now is that the economy appears to be in good shape,\u201d says Lobo. \u201cInflation is under control, and lowering rates is unlikely to fuel greater inflation at this point in time.\u201d<\/p>\n\n\n\n<p>Lobo says lower interest rates could have implications for mortgage rates, construction loan rates, and credit card rates, for example.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.local3news.com\/local-news\/feds-cut-interest-tax-rate-for-the-second-time-this-year-as-inflation-cools\/article_79e047f2-9d82-11ef-b593-334705a6f9b2.html\">Watch the whole story here<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CRER Research Scholar Dr Bento Lobo was interviewed on Channel 3 about the latest rate cut by the Federal Reserve. &#8220;Well, the message from the Fed right now is that the economy appears to be in good shape,\u201d says Lobo. \u201cInflation is under control, and lowering rates is unlikely to fuel greater inflation at this&hellip; <\/p>\n<p class=\"more-link-wrap\"><span><a class=\"more-link button text\" href=\"https:\/\/blogarchive.utc.edu\/crer\/2024\/11\/09\/11-7-2024-fed-cuts-interst-rate-for-the-second-time-this-year\/\"><span>Continue Reading <\/span><\/a><\/span><\/p>\n","protected":false},"author":2009,"featured_media":277,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-276","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-media","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - 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