World Perspectives

Reading the Fed’s Notes

The Federal Open Market Committee moved to raise the federal funds rate at its most recent meeting, but everything else remained status quo.Following up on last week’s preview of the Federal Open Market Committee’s March meeting (see Ag Perspectives, 13 March), the federal funds rate was indeed increased to a range of 0.75-1 percent. The outlook discussed also did not change as three still seems to be the magic number in terms of rate increases this year, ultimately setting the federal funds rate at a band of 1.25-1.5 percent. Note, however, that the odds of a fourth rate hike are greater than a limit of just two.As for the Fed’s outlook for the economy, not much changed there either.The post meeting notes did state, “The Committee will car...

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farm-inputs

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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.

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