In the know

IN THE KNOW

  • harvesting field

    AG UPDATE

    OCTOBER 29, 2024 | AG BANKING


    The next Fed meeting is November 7. As of October 24th, the CME Fed Watch tool predicts a 95% chance of a 25 bps reduction in the fed funds rate and a 71% chance of another 25 bps decrease in December...

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  • harvesting soybean field

    AG UPDATE

    OCTOBER 15, 2024 | AG BANKING


    It appears the the Fed may well achieve the “soft landing” that everyone has hoped for. In late July, Fed focus shifted to a worsening jobs market as inflation was steadily declining. This resulted in...

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  • Hand with credit card looking at laptop

    STAY SAFE FROM AMAZON SCAMS WITH THESE STRATEGIES

    SEPTEMBER 26, 2024 | FRAUD PREVENTION


    Recently, we have seen an uptick in customers thinking they are working with Amazon, but unfortunately, they are not. Scammers are becoming increasingly sophisticated, and it's essential to be vigilan...

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  • Soybean field with red tractor

    AG UPDATE

    SEPTEMBER 16, 2024 | AG BANKING


    Odds favor the Fed reducing their discount rate by 25 bps September 18th. While some economists believe a 50 bps drop is the right tweak to feather into a soft landing, most think the Fed fears such a...

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  • Field with hay in background, typography reads "serving you generation after generation"

    AG UPDATE

    AUGUST 29, 2024 | AG BANKING


    The July CPI and PPI figures were in line to slightly below market expectations. This did not have a major impact on the interest rate market. Markets have shifted their focus from inflation to the jo...

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