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What Lower Interest Rates Mean for 2026 Budgets - Oklahoma Farm Report
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What Lower Interest Rates Mean for 2026 Budgets - Oklahoma Farm Report
Following the benchmark rate reductions in 2025, the Federal Open Market Committee (FOMC) left the federal funds target rate unchanged at 3.50–3.75% at its March 2026 meeting (Federal Reserve, 2026). While benchmark rates have come down from post-pandemic highs, borrowing costs continue to remain elevated compared to the low-interest-rate environment before 2022. For farmers across the country, this poses a significant challenge, as interest exp…
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