Federal Reserve Chairman Jerome Powell said last month that he would not resign from his position, even if asked to by Trump. Since the President did not move to oust him, he’s stayed in place. Moreover, at today’s hearings before the Senate Banking Committee, the Federal Reserve seems poised to keep its key interest rate unchanged as inflation remains elevated and the job market remains solid, said Powell, during the first of two appearances before Congress. Tomorrow he’s scheduled to address the House of Representatives Banking Committee. After cutting its key rate a full percentage point in the final three months of 2024, with “the economy remaining strong, we do not need to be in a hurry to adjust our...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.