Articles tagged under: interest rates

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."…

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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…

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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…

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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.

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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.…

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Markets Watching Impacts

Published December 14, 2022

AgResource Company President Dan Basse says grain traders are watching the winter storm impacting the Midwest. "It sure helps with the moisture situation next year. The market didn't pay a lot of attention to the weather, but nonetheless I think…

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Fed Signals Another Half Point Increase

Published December 2, 2022

Federal Reserve Board Chairman Jerome Powell signaled the central bank is on track to raise interest rates by a half a percentage point at its next meeting. During a speech Wednesday, Powell said it would make sense to slow rate…

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Do the Math

Published December 2, 2022

Northland Community and Technical College Farm Business Management Advisor Betsy Jenson expects the corn and soybean markets to be quiet through the end of 2022. "If farmers are expecting something big before the end of the year, they're going to…

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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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Fed Releases Minutes From June Meeting

Published July 7, 2022

The Federal Reserve Board increased interest rates by three-quarters of a percent at that meeting, which is the largest increase since 1994. In the newly-published minutes, it is apparent the Fed will likely increase rates by another half or three-quarters…

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