The Federal Reserve declined to lower interest rates, keeping the federal funds rate in a range of 5.25 – 5.5%. This is the highest rate in 23 years and has been in place since July 2023. The Federal Reserve predicted faster rate cuts in 2025 and rates falling to 3.1% by the end of 2026. […]
Deere & Company’s latest earnings report signals a slowdown in the future. The company’s stock dropped almost 5 percent after the report. Deere beat its earnings target for the second quarter. However, the company now projects slower sales the rest of the year. Higher interest rates and lower commodities prices could keep farmers from buying […]