Federal Reserve

Farmland Values Continue To Grow
Farmland Values Continue To Grow
Farmland Values Continue To Grow
OMAHA, Neb. (AP) — The Federal Reserve says the average value of farmland in several Midwest and Western states grew more than 25 percent in the first quarter as farm income remained strong. The Federal Reserve Bank of Kansas City., Mo...
Federal Reserve President Coming To Casper
Federal Reserve President Coming To Casper
Federal Reserve President Coming To Casper
Esther George, the new President and CEO of the Tenth Federal Reserve District in Kansas City will be coming to Wyoming to Speak in Casper on Tuesday, May 8th.  Ms. George became president on October 1st and this is her first official visit to Wyoming.  P...
Bernanke Says Community Banks Have Strengthened
Bernanke Says Community Banks Have Strengthened
Bernanke Says Community Banks Have Strengthened
WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke says the health of the nation's community banks has strengthened, despite what he calls a frustratingly slow economic recovery. In remarks to a conference on community banking, Bernanke says profits at smaller banks have been rising for the past several quarters...
Mortgage Rates Hit All Time Low
Mortgage Rates Hit All Time Low
Mortgage Rates Hit All Time Low
WASHINGTON (AP) — The average rate on the 30-year fixed mortgage this week fell below 4 percent for the first time ever, to 3.94 percent. For those who can qualify, it's an extraordinary opportunity to buy or refinance. And mortgage rates could fall even further now that the Federal Reserve plans to reshuffle its portfolio of securities to try and lower long-term rates...