Comment on What Powell’s Interest Rate Comments Mean for Green Investment

What Powell’s Interest Rate Comments Mean for Green Investment

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.

 

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