Economist: Interest Rates Won’t Rise for Two Years

Good news: Interest rates are basically at zero right now. Even better news: That’s likely to remain the case through early 2023 based on information coming from the Federal Reserve board of governors, one economist said this week. The Fed is watching the marketplace closely for signs of inflation, as that will be the likely driver for rate hikes down the road. Meanwhile, the U.S. Dollar Index remains weak — expected to decline by up to 30% this year — and that’s contributing to stronger ag exports because of the influence it has on the competitiveness of U.S. grain in the world market. See more.