World Perspectives

Fed Crosses Finish Line

The Federal Reserve held interest rates steady on Thursday, indicating that it considers it has crossed the finish line in its effort to rein in inflation. The federal funds rate was held at an effective 5.375, the midpoint between 5.25 and 5.5 percent.  Earlier this week, the November inflation rate was reported to be up .01 percent over October, and up 3.1 percent in November 2023 over November 2022. The CPI was held down by a drop in energy prices of 5.4 percent year-over-year, but food prices were up 2.9 percent. Of course, the “core” inflation rate that the Fed watches excludes food and energy because of their volatility. Thus, the core inflation rate year-over-year came in at 4 percent – which is still about do...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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