Articles tagged under: Federal Reserve
Inflation Rises
Published October 14, 2021
Inflation has moved to its highest rate in over ten years. The Labor Department’s Consumer Price Index rose 5.4 percent from one year ago. Minutes released from the most recent Federal Reserve Board meeting highlights concerns about higher inflation. The…Economy is Making ‘Progress’
Published July 29, 2021
The Federal Reserve has kept the benchmark interest rate near zero since March of last year. To boost the economy, $120 billion in Treasuries and mortgage bonds have also been purchased each month. Upon the conclusion of its two-day meeting,…No Changes Expected for Interest Rates
Published April 8, 2021
With the latest pandemic relief, Federal Reserve officials expect to see a strong economic recovery. The minutes of their mid-March meeting have been released. A few of the Fed leaders said COVID assistance will ultimately lift consumer spending and improve…Federal Reserve Will Not Raise Interest Rates, Yet
Published March 19, 2021
Despite growing optimism for the U.S. economy, the Federal Reserve does not expect to raise interest rates until the end of 2023. In a statement, the Federal Reserve board said the sectors most adversely affected by the COVID pandemic remain…Ag Credit Survey Offers Positive News
Published March 4, 2021
A dramatic improvement in fourth quarter crop prices has resulted in the quickest turnaround in agricultural lending in more than a decade. That’s the finding from the latest Federal Reserve Bank’s ag credit study. Farm loan repayments increased for the…Fed Holds Interest Rates
Published June 11, 2020
After its two-day policy meeting, Fed Chairman Jerome Powell said the central bank plans to keep interest rates near zero through 2022. The decision was made to provide stability for an economy hurt by COVID-19 and business shutdowns. Fed officials…Federal Reserve Cuts Interest Rates
Published March 16, 2020
On Sunday, the Federal Reserve cut interest rates to near zero. This is the second time interest rates dropped in less than two weeks. The Fed says the effects of the coronavirus will weigh on economic activity in the near…Fed’s Interest Rate Reduction Gives Boost to Market
Published March 3, 2020
NAU Country Vice President of Farm Services Rich Morrison says the Federal Reserve’s half point interest rate cut provided confidence for the market. "The fact that the Federal Reserve is stepping in brings money back into the marketplace." Morrison says…Fed Responds to Economy and Coronavirus
Published March 2, 2020
Coronavirus has now infected nearly 90,000 people. There are more than 3,000 deaths associated with this virus, including two in the United States. Wall Street was hit hard this past week, prompting Federal Reserve Bank Chairman Jerome Powell to issue…