On May 1, Federal Reserve Chair Jerome Powell offered a two-part message to eager interest rate watchers. The Fed is unlikely to increase interest rates this year, but policymakers there are also not rushing to cut them from 5.25%-5.5%. “I don’t know how long it’ll take,” Powell said of when the Fed might cut rates. [time-brightcove not-tgx=”true”] Interests rate shape markets, and that’s especially true with renewable energy. Clean energy projects typically have high upfront costs, but are cheaper to run than their fossil fuel counterparts because they don’t require operators to continually purchase fuel. As a result, the price of clean energy is to a significant extent determin
Hence then, the article about what powell s interest rate comments mean for green investment was published today ( ) and is available onTime ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( What Powell’s Interest Rate Comments Mean for Green Investment )