Economy Concerns: Interest rates are seeing the biggest hike in two decades

The Federal Reserve is raising interest rates by half a percentage point, which is the biggest hike in two decades. Producers are now left speculating over the potential impact to the farm economy.

Creighton University’s Dr. Ernie Goss spoke with RFD-TV’s own Janet Adkison about the affect this could have on net farm incomes, what we are seeing from a farm revenue standpoint and if there could be any additional ripple effects for the agriculture sector by increasing interest rates too fast.

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