Articles tagged under: Federal Reserve

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.

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Muted Response

Published July 28, 2022

Northern Crops Marketing and Investments President Brad Paulson believes traders had the interest rate hike built into the market. "The outside markets were anticipating that, to say the least." Paulson says the muted market response may be relief that the…

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Fed Delivers Interest Rate Hike

Published June 17, 2022

The Federal Reserve has increased interest rates three-quarters of a percentage point. Federal Reserve Board Chair Jerome Powell says ongoing increases in the rate are anticipated. "Clearly, a 75 basis point increase is an unusually large one; I do not…

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Interest Rate Hikes on the Way

Published May 26, 2022

Minutes from this month’s Federal Reserve Board meeting underscores the sense of urgency to deal with inflation. Fed officials seemed to call for half-point interest rate increases during their June and July meetings.

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Rising Interest Rates

Published May 5, 2022

The Federal Reserve Bank’s half-percentage point interest rate bump is the largest increase in more than 20 years. In a news conference, Fed Chairman Jerome Powell said additional half-point increases could be justified in June and July.

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Interest Rate Bump Anticipated

Published May 2, 2022

The Federal Reserve Board of Governors will meet tomorrow and Wednesday. The Fed is expected to announce a half-point interest rate increase, which would be the largest interest rate increase in 22 years.

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Farm Income Growth Expected This Year

Published March 29, 2022

Agricultural lenders across northern states are closely watching the rising commodity prices. "As a result of those high prices, we expect strong farm income growth through the end of 2022," said Joe Mahon, regional outreach director, Federal Reserve Bank of…

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Federal Reserve Raises Interest Rates

Published March 18, 2022

As expected, the Federal Reserve raised benchmark interest rates a quarter percentage point. That’s the first time the Fed’s raised interest rates since 2018. The increase is meant to slow inflation. The committee anticipates interest rate increases at each of…

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Farmland Values Enjoy Double-Digit Gains

Published February 25, 2022

Farm real estate values rose significantly during 2021. A report from the Federal Reserve found the farm financial situation improved a lot while interest rates on farm loans remain at historic lows. Minnesota and South Dakota had some of the…

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FOMC Minutes Released

Published January 6, 2022

Short-term interest rates may be increasing at a faster pace than Federal Reserve Board officials had expected. The minutes of the December Fed meeting have been released and the central bank apparently wants to end its bond buying program in…

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