Articles tagged under: interest rates
Interest Rates Cast a Shadow on Grain Storage
Published October 30, 2023
At the Agri-Women’s Harvest of Knowledge Conference, author Elaine Kub, said marketing some grain in the spring can help farmers avoid seasonal lows at harvest time. “These grain markets do have seasonal behaviors and reflect higher prices at the time…One More Interest Rate Bump Before the End of ’23
Published October 12, 2023
The minutes from the Federal Open Market Committee’s September meeting showed conflicting ideas about future interest rate hikes. Two-thirds of the committee indicated one more increase would be needed before the end of the year. Since March of 2022, the…More Interest Rate Hikes Expected
Published August 25, 2023
Federal Reserve Board Chairman Jerome Powell remains committed to bringing inflation down to two percent. "We have tightened policy significantly over the past year," said Powell. "We are prepared to raise rates further if appropriate and hold policy at a…Interest Rates Rise
Published July 27, 2023
The Federal Reserve bumped interest rates by a quarter percentage point to a range of 5.25 percent-to-5.5 percent. Interest rates are now at a 22-year high. Fed Chair Jerome Powell would not rule out another rate hike at the central…More Interest Rate Hikes Expected
Published June 30, 2023
The first quarter real gross domestic product increased by two percent. That’s far better than the 1.4 percent expected by industry analysts. In a separate report, the Labor Department said the initial jobless claims for the week ending June 24…Fed Signals a Pause in Interest Rate Increases
Published May 4, 2023
As expected, the Federal Reserve raised interest rates by 25 basis points following its May meeting. The Fed also signaled it could be done raising rates for now. The interest rate hike is the tenth consecutive rate increase bringing the…Caught Between a Rock and a Hard Place
Published March 15, 2023
NSDU Crops Marketing Economist Frayne Olson is watching the economic reaction to the banking industry closely. "The banks that failed were very focused for the depositors, while a lot of the banks that farmers deal with are much more diversified."…More Interest Rate Hikes on the Horizon
Published March 12, 2023
Federal Reserve Board Chair Jerome Powell told lawmakers the central bank would consider raising interest rates by a half percentage point later this month. During his semiannual visit to Capitol Hill to discuss monetary policy, Powell also said the benchmark…RRFN Interview: Dr. David Kohl
Published February 15, 2023
The Consumer Price Index rose 6.4 percent over the past year. "That tells me the Fed is going to continue to raise interest rates, but probably by a quarter percent rather than 50 basis points," said Dr. David Kohl, professor…