Fed Cautious on Additional Rate Cuts

Feb 27, 2025

A Wall Street Journal report from Feb. 20, said Fed officials were “broadly comfortable with their decision to hold interest rates steady at their meeting last month and offered nothing to suggest any immediate change to their wait-and-see stance on rate cuts.”

According to the minutes from the Jan. 28-29 policy meeting, the current high level of uncertainty made it appropriate for the committee to be careful in its approach to additional adjustments, WSJ reported.

Last month the Fed decided to keep the benchmark federal funds rate at its current level of about 4.3% after 3 consecutive cuts starting in September when rates were around 5.3%.

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Video: Winter Service Inspections for John Deere Equipment - The FarmCast Ep64

The FarmCast, host Troy Randall speaks with Doug Luedke, Vice President of Service, and Davin Peterson, Executive Vice President of Aftermarket at 21st Century Equipment, to discuss the importance of proactive service and how it helps farmers reduce downtime during their busiest seasons. The conversation focuses on the Winter Service Inspection Program, a comprehensive approach designed to keep equipment running at peak performance and limit costly in-season breakdowns through preventative maintenance and expert technician support.

Doug and Devin explain how 21st Century Equipment’s service teams have evolved to meet the needs of today’s connected machines. With more technology and data integrated into modern equipment, technicians now play a vital role in both mechanical repairs and precision ag support. Through advanced diagnostics, machine monitoring, and John Deere’s Expert Alerts, they can identify and address potential issues before they become major problems—saving customers valuable time, money, and frustration.

Throughout the discussion, the team shares real-world success stories demonstrating how proactive inspections and customer-focused service help maximize uptime and efficiency for every operation. Whether it’s a large tractor, combine, or small mower, the goal remains the same: to provide trusted, reliable support that helps farmers and landowners stay productive and confident in their equipment year-round.