The Federal Reserve had an unscheduled closed-door meeting this past week. This session coincided with the release of a report from the United Nations that said the rapidly rising interest rates puts the global economy at risk for recession. The Fed raised interest rates five times in the past year, moving the benchmark rate to three percent-to-3.5 percent. The UN agency said the Fed’s action may be “too drastic.”
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.