Interest rates are expected to go higher but an ag economist says it’s still a good time for farmers to borrow.
Ernie Goss with Creighton University in Nebraska says their latest Rural Mainstreet Index of rural bank CEOs in 10 states* shows more than half expect inflation to stick around.
“Interest rates flow with the upward inflationary pressures. One of the goals of the Federal Reserve is to maintain price stability.
