Core inflation at 3.3 percent, along with headline inflation at 2.7 percent, which includes food and energy, have remained “sticky” for the last 3-4 months, according to Bryon Parman, NDSU ag finance specialist.
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Federal Reserve likely to cut interest rates only a half percent
Interest rates won't be dropping as much as expected in 2025 with a stable economy, which means there could be tougher financing of new equipment.
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