Articles tagged under: interest rates
Fed Meeting On the Schedule This Week
Published June 14, 2021
The Federal Open Market Committee meets this week. The central bank could adjust the forecast for interest rates and inflation, but not take any immediate action. The Fed’s formal policy statement and its economic forecast will be posted Wednesday afternoon.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…What’s Hot, What’s Not in the Markets
Published January 11, 2021
Multi-year highs are being seen in the grain markets. Advance Trading Risk Management Advisor Tommy Grisafi offers insight into that bump with this week's edition of What's Hot, What's Not in the Markets. A volatile political environment and interest rates…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…What’s Hot, What’s Not in the Markets
Published March 9, 2020
Interest rates are at record lows. Advance Trading Risk Management Advisor Tommy Grisafi says the crude oil market is also at levels not seen since the Gulf War in 1991. These outside influences are having an impact on agriculture. Learn…AgCountry Cutting Variable Rate Loan Interest Rates
Published November 1, 2019
AgCountry Farm Credit Services is reducing interest rates on variable rate loans starting December 1. According to AgCountry President and CEO Marc Knisely, this move will help better position farmers during the current economic challenges. The decision comes following the…Fed Announces Interest Rate Reduction
Published August 1, 2019
As expected, the Federal Reserve cut interest rates by a quarter of a percent. This is the first rate cut since 2008. The global economic slowdown and the current trade problems were cited as a reason for the rate adjustment.Interest Rate Pause is Beneficial for Farmers and Elevators
Published January 22, 2019
Speaking at the North Dakota Grain Dealers Association Convention, CoBank economist Will Secor said interest rates have stabilized. The Federal Reserve Bank’s decision to pause interest rate hikes is called beneficial. "That will keep the costs of borrowing flat for…