Macroeconomic and Interest Rate Outlook For May 2023

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Watch the latest outlook with Dr. Ed Seifried, economist, university professor and nationally recognized speaker and author. In his presentation, Dr. Seifried shares insights and reactions following the release of major economic reports. Highlights include:

  • The yield curve suggests a recession by the end of 2023; the FOMC does not agree.
  • The Fed’s latest interest rate increase indicates recent bank failures may be isolated and not a widespread concern.
  • Compare your Q1 2023 sales growth to Q1 GDP growth for a useful benchmark and forecasting tool.

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SOURCE: AgWEST Farm Credit