Post
AgStar Financial: Interest rates low, for now
The head of the fifth largest Farm Credit Association firm expects interest rates to remain low — at least for now. Paul DeBryin is President and CEO of AgStar Financial Services, based in Mankato, Minnesota.
DeBryin tells Brownfield Ag News, “If you listen to the Federal Reserve and Ben Bernanke, it sounds like he’s going to continue to hold them down, probably for the next 18 months to two years. So, we probably won’t see sizeable increases for a while.”
But, DeBryin cautions, with the economy beginning to pick up some – in the housing and consumer sectors, for example – a period of inflation is coming.
Add Comment