Stateline: Inflation spiked to 4.2%, a three-year high, in May
The higher year-over-year inflation rate was expected, but at more than double the Federal Reserve’s target rate of 2%, the new numbers dimmed hopes for a cut in the interest rate
Tag: Economy
Ag industry seeks light at the end of the tunnel
Following one of agriculture’s darkest years, some farmers are looking for anything that might improve the bottom line, while others are looking for the exit
UADA analysis shows Arkansas farmers to suffer losses for corn, cotton, long grain rice, soybeans
Arkansas farmers will lose hundreds of dollars per acre this year for their corn, cotton, long grain rice and soybean crops
16% of Clark County voters hit the polls in first days of early voting
Most who spoke to arkadelphian.com cited the economy as their main reason for voting in this election
Effects of Fed rate on agriculture, consumer spending may take weeks to emerge
Confident that the economy will achieve both a healthy unemployment rate and 2 percent inflation rate, the Federal Reserve last Wednesday cut its target rate by 0.5 percent to 4.75 percent. It was the first reduction in four years.