Articles tagged under: interest rates
Another Interest Rate Bump
Published December 20, 2018
As expected, the Federal Reserve has boosted short-term interest rates for the fourth time this year. The benchmark rate now ranges from 2.25-to-2.5 percent. The Fed also released a statement, indicating a more gradual approach to interest rate increase in…Pay Attention to the Little Things
Published December 11, 2018
To be successful, Virginia Tech professor emeritus David Kohl is advising farmers to get better, before they get bigger. Speaking at a meeting organized by Hub International in Mayville, North Dakota, Kohl said successful farmers pay attention to the details.…Peso Plummets in Argentina
Published September 3, 2018
The Argentine economy is in a freefall. To prop up the value of its currency, the Central Bank of Argentina raised its key interest rate to 60 percent Wednesday. That's up from the previous rate of 45 percent. To stabilize…Fed Boosts Interest Rate Again
Published June 14, 2018
As expected, the Federal Reserve bumped the base interest by a quarter of a percent following their meeting Wednesday. Northern Crops Marketing and Investments President Brad Paulson says the stock market reaction was muted, because of the widely expected the rate…Little Change Seen in Interest Rates
Published May 7, 2018
Interest expenses for farmers and ranchers have increased slightly. According to the Federal Reserve Bank of Kansas City, the interest rates for most types of farm loans at commercial banks increased between one and one-and-a-half percentage points since 2015. Despite…No Changes Expected in Fed Meeting
Published April 30, 2018
Federal Reserve officials will meet this week and are expected to make no changes to interest rates. The Fed has indicated two more rate increases will be seen this year, but that will likely depend on the level of inflation…