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What Do Interest Rate Increases, Bank Downgrades Mean for Farmers?

By MARGY ECKELKAMP

AgWeb

Three recent headlines from the financial world have farmers asking how those events could affect their lending situation. 

At the end of July, the Federal Reserve raised interest rates to the highest level in 22 years by increasing its benchmark lending rate by a quarter point to a range of 5.25 to 5.5%. 

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kristen oaksAugust 15, 2023
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