US farms recession: US farms in trouble? Falling crop prices, and diminishing incomes summing up to a potentially biggest farm recession in American history

The agricultural forces in the United States are slowly giving up on themselves, with decreasing incomes and falling of crop prices becoming the biggest issues for farmers across key agricultural regions in the US. Is the United States nearing a farm recession? According to a Wall Street Journal report, farmers in northeastern North Dakota, reportedly, … Read more

US Fed rate cut: Full text of monetary policy statement by FOMC

The US Federal Reserve finally cut benchmark interest rate by 50 bps to 4-3/4 to 5% for the first time in four years. This marks the kicking off of an easing rate cycle. The Federal Reserve has held its policy rate in the 5.25-5.50% range since July 2023 as inflation rose to a 40-year high … Read more

Fed policymakers say they are ready to start cutting interest rates

US central bank poised to cut rates at Sept. 17-18 meeting Fed policymakers focused on cooling labor market Traders expect Fed’s first move to be 25-basis-point cut By Ann Saphir, Lindsay Dunsmuir and Michael S. Derby Sept 6 (Reuters) – Federal Reserve policymakers on Friday signaled they are ready to kick off a series of … Read more