Rising Interest Rates’ Impact on New Equipment Demand, Purchase Patterns in 2023

The U.S. Federal Reserve has implemented four interest rate hikes so far in 2022. Federal Reserve Bank of Chicago President Charles Evans said another 75 basis-point increase could be coming later this month, according to a Sept. 8 report from Bloomberg, saying, “I do know that we need to be increasing interest rates up to a substantially higher level than where they are now.”

At the 2022 Farm Progress Show, Ag Equipment Intelligence editors…

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Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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