Federal Reserve Bank of Minneapolis Archives

Federal Reserve Bank of Minneapolis

New Federal Reserve report: Inflation is going down in the Midwest

May 22, 2023

Aaron Walling,

FARGO, N.D. (KVRR) — The Federal Reserve Bank of Minneapolis released a new report, saying that inflation is going down in the Midwest but families are still feeling financial tension from the high prices over the past two years. The Federal Reserve Bank of Minneapolis recently released data on a report that suggests households are still feeling financial stress despite…

Drought conditions causing economic hardships

Federal Reserve Bank of Minneapolis says biggest impact will be on agriculture.

August 13, 2021

Aaron Walling,

MINNEAPOLIS (KVRR) — A lack of rain is more than hurting farmers’ and ranchers’ bottom lines. Officials from the Federal Reserve Bank of Minneapolis are releasing their findings saying the biggest impact of the drought will be on agriculture. Some of those impacts could mean the cost of goods going up as supplies for wheat, small grains and livestock may…