SASKATOON — Grain farmers in the United States are in a financial pinch and may want to look north of the border for a way out, says an analyst. Growers have been cutting costs during the last 2.5 years of the current downcycle. They have reduced equipment purchases, cut back on fertilizers and crop protection […] Read more
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U.S. Federal Reserve leaves lenders, consumers guessing
Anybody thinking about borrowing money or dealing with debt payments didn’t get any clarity on interest rates from the head of the United States Federal Reserve Bank at its annual Jackson Hole conference. “As is often the case, we are navigating by the stars under cloudy skies,” said Fed chair Jerome Powell Aug. 25. “In […] Read more
