Weatherhead’s Jonathan Ernest explains divergence of interest rate trends

As the Fed cuts, some long-term interest rates are rising
Salon: Jonathan Ernest, assistant professor of economics at Weatherhead School of Management, explained how interest rate trends have diverged, with short-term rates falling while long-term rates remain high. He noted that “uncertainty and potential policy shifts” under the Trump administration could affect long-term rates. He also advised borrowers to shop around carefully and maintain responsible financial practices.