Traders are trying to predict what the Federal Reserve will do with interest rates and it has many of them keeping a close eye on the stock market. Mark Oppold has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Interest Rate Hike a Double-Edge Sword for Agriculture
It was no surprise earlier this week when the Federal Reserve upped its federal funds rate target range by 0.25%. With their positive outlook for the U.S. economy, the Feds plan on continuing to raise interest rates well into 2018. This most recent hike was one of the bright spots for farm commodities this week, according to Mike Zuzolo from …
Federal Reserve Makes Expected Interest Rate Increase
The U.S. Federal Reserve has again elected to move forward with interest rate increases following a meeting Wednesday. Widely expected, the decision raises the Fed’s benchmark rate to a range between 0.75 percent and one percent. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024