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Source: Bryce Knorr, FARM FUTURES, 9/6/17
Farmers are watching yield monitors for insight about the size of 2017 crops. On Wall Street, investors will keep rapt attention on the Federal Reserve for clues about how far and how fast interest rates will be rising over the next few years. The Fed’s next two-day meeting on monetary policy wraps up Sept. 20. Unless the pace of economic growth picked up noticeably in the second half of summer, no change in the central bank’s core short-term target for interest rates, known as Federal Funds, is likely. For more of this story, click here.
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