WASHINGTON – The U.S. Federal Reserve on Wednesday decided on its first interest rate cut since the beginning of the Covid pandemic, lowering the key interest rate by half a percentage point to prevent a slowdown in the labor market. In view of the declining employment situation and falling inflation, the Federal Open Market Committee […]
Prices rose as expected in August, while the annual inflation rate fell to its lowest level since February 2021, according to a Labor Department report released Wednesday that sets the stage for an expected quarter-percentage point interest rate cut by the U.S. Federal Reserve within a week. The consumer price index, a comprehensive measure of […]
Farmers are in trouble and the food price index rises slightly This is your agribusiness update from the Ag Information Network. **With some of the state’s key agricultural commodities struggling and farmers and ranchers facing increasing economic and regulatory pressures, California agriculture industry leaders are warning that the industry will continue to lose farms as […]
Farmers are in trouble and the food price index rises slightly This is your agribusiness update from the Ag Information Network. **With some of the state’s key agricultural commodities struggling and farmers and ranchers facing increasing economic and regulatory pressures, California agriculture industry leaders are warning that the industry will continue to lose farms as […]
