Featured Post from Cedarville University

Up, Down or Steady – What do Interest Rates Really Mean for Our Economy?

Jun 20, 2019

1 min

Jeff Haymond, Ph.D.

The heat was on Federal Reserve Chairman Jerome Powell this week to lower interest rates coming out of the June meetings of the Fed.


He was under scrutiny from President Trump and others who share a growing worry that America’s economy could be slowing down and potentially turning toward recession.  An option that is neither appetizing for investors, the business community or politicians looking for positive messaging as an election looms in 2020.


Powell held the rates steady but there is massive speculation this will be for the last time and that rates will begin to be cut as of the next meeting of the Federal Reserve.



There are a lot of questions about interest rates and the economy:


  • How do rates encourage or dissuade investment and business?
  • How much of a rate cut will it take to impact the economy?
  • Do interest rates and the dollar go up and down in tandem?
  • And how independent is the Fed and who influences these decisions?


If you are covering, we can help.


Jeff Haymond, Ph.D. is Dean, School of Business Administration at Cedarville and is an expert in finance and trade.


Bert Wheeler, Ph.D. specializes in macroeconomics, international trade, economic development, and econometrics.


Jeff and Bert are both available to speak to media regarding the current trade war with China – simply click on either expert’s icon to arrange an interview.



Connect with:
Jeff Haymond, Ph.D.

Jeff Haymond, Ph.D.

Dean, School of Business Administration/Associate Professor

Research interests include economics and religion, as well as monetary theory

Financial Markets (General)Federal Trade Reserve PolicyFree TradeMinimum Wage / UnemploymentGovernment Regulation

You might also like...

Check out some other posts from Cedarville University

1 min

What's Happening with the Iran Conflict?

Since 1997, Iran has vowed "death to America." It hasn't always been that way though, but over the course of seven decades the relationship has changed from being close allies to enemies.  America isn't the only country having conflict with Iran. For over 45 years, Israel has been fighting with Iran. There are currently 10 countries that have conflict with Iran.  Tensions between Israel and Iran rose higher in April 2024, when Iran launched its first-ever drone and missile attack on Israel. This conflict extended into June 2024, then grew quiet while remaining unstable.  On June 13, 2025, Israel launched surprise attacks on Iran due to Iran's imminent threat of constructing nuclear bombs. America, known for being philosemitic, launched its own attack on Iran which President Trump said "obliterated" their nuclear plants. White House Press Secretary, Karoline Leavitt reminded Americans that America has "the best and most lethal fighting force in the world."  While updates are continually being given on the war. President Trump is working on negotiating a ceasefire between Israel and Iran.  Dr. Glen Duerr, professor of international studies at Cedarville University and a citizen of the United Kingdom, Canada, and the United States, is a nationally known expert on this subject and is available to speak to on the conflict going on in Iran and the implications it has for America. To schedule an interview, email Mark D. Weinstein, executive director of public relations at Cedarville University at mweinstein@cedarville.edu or click on his icon.

1 min

Supreme Court Takes Action on Transgender Law

On June 18, 2025, the Supreme Court ruled 6-3 that Tennessee could ban gender-affirming care for transgender minors. This decision is expected to not only affect those in Tennessee but those across America.  This is not the first time the Supreme Court has upheld anti-transgender laws. President Trump requested that transgender individuals be removed from the military, which the Supreme Court granted on May 6, 2025.  This ruling has gotten mixed reactions to those rejoicing and others enraged. Bill Lee, Tennessee governor, reminds others that, "Protecting children is a fundamental responsibility that we take seriously...this [bipartisan legislation] lawfully safeguards young people from irreversible, life-altering medical decisions."  Time will tell how this decision made by the Supreme Court will affect other similar cases that will appear before them.  Dr. Mark Caleb Smith is the Director of the Center for Political Studies at Cedarville University. Mark is available to speak with the media regarding the Supreme Court and their decision. Simply click on his icon or email mweinstein@cedarville.edu to arrange an interview. 

1 min

America Sees Another Surge in Political Violence

America has seen its share of political violence, the worst being the Civil War. But unrest is stirring once again in the hearts of Americans as her citizens are being divided by President Trump's deportation of illegal immigrants. Some see it as a solution to cut back violence and drugs in America, while others see it as a cruel, heartless act.  Protests are rising up across America as those who oppose the deportation are showing their dislike. People in Ohio, Florida, Alaska and other states are participating in anti-ICE protests. Texas and California have been the most vocal about it, with LA featured on the news many times.  As unlawful assembly escalated in LA, looted buildings, cars set on fire and blocked roads, President Trump sent 700 US Marines. This only frustrated state officials more who claimed they had it under control. While 338 arrests have occurred, there have been no reported deaths linked to the protests.  This is not the first time LA, California, has seen political violence though, as they have dealt with Watts Riots in 1965, the 1992 Los Angeles riots and in 1997 the North Hollywood shootout.  Dr. Stanely Schwartz is an expert on history and is available to speak to media regarding the protests and political violence throughout history – simply email mweinstein@cedarville.edu or text or call (937) 532-6885 to arrange an interview.

View all posts
Powered by