CoBank Quarterly: Sticky Inflation Puts Federal Reserve on the Horns of a Dilemma
While inflation rates are trending in the right direction, they remain higher than ideal.
- While inflation rates are trending in the right direction, they remain higher than ideal.
- The Federal Reserve has assured interest rate cuts are coming this year.
- “Inflation is proving to be more difficult to tamp down than expected,” said Rob Fox , director of CoBank’s Knowledge Exchange.
- To date, neither the House of Representatives nor the Senate Agriculture committees have released text to reauthorize the farm bill.