Articles tagged under: Federal Reserve
Another Interest Rate Bump
Published February 3, 2023
As expected, the Federal Open Market Committee has raised the base interest rate. In addition to a quarter-percentage-point interest rate hike, the FOMC signaled plans to raise rates again next month.Climate Politics and Monetary Policy Do Not Mix
Published January 11, 2023
Environmental groups have asked the Federal Reserve Bank to actively address climate change. Fed Chairman Jerome Powell responded in a panel discussion with other central bank officials, saying the Federal Reserve must avoid drifting into political issues that aren’t directly…Fed Increases Rate 50 Points
Published December 14, 2022
As expected, the Federal Reserve raised its key interest rate by 50 basis points Wednesday. "They did raise rates by half a percent and the range is 4.25 and 4.5 percent," said Brad Paulson, president, Northern Crops Marketing and Investments.…Fed Minutes Released
Published November 24, 2022
After four consecutive interest rate increases of 75 basis points, the central bank is expected to pullback to a 50 basis point increase in December. The Fed released the minutes from its November meeting. Analysts are dissecting this information looking…Interest Rate Bumped Another .75 Basis Points
Published November 3, 2022
As expected, the Federal Reserve Bank bumped interest rates by .75 basis points. Fed Chairman Jerome Powell offered comments after the central bank meeting. Powell said it will be appropriate to slow the pace of interest rate increases at some…A Dramatic Market Swing
Published October 21, 2022
Volatility in the dollar index allowed the grain markets to bounce off its lows Friday. AgriSompo North America market analyst Sterling Smith says a volatile 140-point swing in the dollar index occurred within one minute Friday. "News dropped that the…Beige Book: Volatile, but Healthy Farm Economy
Published October 20, 2022
The Federal Reserve’s Beige Book says the U.S. economy expanded at a modest pace through early October. According to the update from the Minneapolis Fed, 80 percent of farm lenders said income increased during the quarter. Rising production costs and…An “Unusually Large” Interest Rate Hike Expected
Published August 26, 2022
Interest rates are going to continue to increase. Federal Reserve Board Chairman Jerome Powell made that point during a speech at the annual Jackson Hole, Wyoming economic symposium. Powell didn’t provide any details but said “another unusually large increase” could…Federal Reserve Raises Interest Rates
Published July 28, 2022
As expected, the Federal Reserve approved another 75 basis point interest rate increase. This is the fourth consecutive interest rate increase since March. The next meeting for the Fed will be in September. Read more details.