Fed undecided on 2019 rate changes
Story Date: 2/22/2019

 

Source: POLITICO'S MORNING AGRICULTURE, 2/21/19

The Federal Reserve's recent pause on raising interest rates might not continue indefinitely, according to minutes from the central bank's January meeting, Pro Financial Services' Victoria Guida reports.

Fed officials could still move to increase rates in 2019. The minutes released on Wednesday show the outlook is highly uncertain, with members of the bank's monetary policy committee leaving the door open to future rate hikes or even cuts.

Several officials said if the U.S. economy continues in line with what they expect, they would "view it as appropriate" to raise rates later this year.

Ag impact: If the central bank does resume steadily raising interest rates, it could start to make business more expensive for some farmers and ranchers reliant on certain types of loans to finance their operations.

























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