Fed Cuts Interest Rates, Could Provide Some Relief For Ag

“‘The committee has gained greater confidence that inflation is moving sustainably toward 2%, and judges that the risks to achieving its employment and inflation goals are roughly in balance,’ policymakers on the U.S. central bank’s rate-setting committee said in their latest statement, which drew a dissent from Governor Michelle Bowman who favored only a quarter-percentage-point cut,” Schneider and Saphir reported.