Federal Reserve

Federal Reserve Board to Meet In Late July

Federal Reserve Board opens its two-day June meeting today. Very little chance of any interest rate cut. The Feds last met in late April. Jerome Powell’s last meeting as chairman, Kevin Warsh, was sworn in on May 22, becoming the 17th chairman of the board. Recent economic reports, escalation of action in Iran, leaving very little chance of any Fed …

government regulations

Government Regulations Eroding US Ag Competitiveness

Southern Ag today reports that the United States is a major competitor in producing agricultural products, but one area that erodes U.S. competitiveness is the increase in government regulations. Southern Ag reports that it shows that the total number of pages of the Code of Federal Regulations increased from around 15,000 in 1950 to around 190,000 today. If the cost of U.S. regulations were …