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Money and Finance   |    view all

Ask an Expert: Inflation and Your Operation

FCC Senior Economist J.P. Gervais discusses inflation and how it can impact your farm operation.

Key Points

  • There are different measures of inflation:
    • headline inflation reflects price increases for the entire economy
    • core inflation is headline inflation minus prices in volatile sectors
  • When interest rates go up demand for goods is lowered, easing inflation.
  • High inflation leads to high input costs, forcing producers to cut costs.

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