jerome powell

Mixed News Regarding Banks and Farm Lending
Mixed News Regarding Banks and Farm Lending
Federal Reserve Chair Jerome Powell told senators last week that banks remain in good shape to continue lending to farmers and ranchers. That’s despite deteriorating conditions across the agricultural economy.   “Our farm belt banks have a lot of experience in dealing with the issues farmers are confronting right now,” Powell said during a Senate Banking Committee hearing. “As a whole, the agri...