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While the Fed Kept Its Benchmark Unchanged, Here’s What Happened to Consumer Borrowing Rates

Date Published
July 29, 2025
Section
In the Media
Areas of Expertise
Economy & Policy
From:
CBS In the News

Columbia Business School’s Professor Brett House was featured in CNBC coverage of the Federal Reserve’s July 2025 meeting, where the Fed chose to keep interest rates steady despite pressure from President Trump. Professor House provided expert insight into how maintaining current rates affects borrowing costs across the economy and why inflation risks remain a concern. His analysis underscores the importance of data-driven monetary policy decisions in navigating complex economic conditions, highlighting the faculty’s role in informing the public's understanding of central banking and its impact on everyday finances.

Mentioned Faculty

Brett House

Brett House

Professor of Professional Practice in the Faculty of Business
Economics Division
Mentioned On
CNBC
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