Significant downward revisions to monthly payroll estimates in August led many market observers to anticipate the Federal Reserve would begin cutting interest rate cuts more aggressively. However, recent economic data has generally been positive, tempering expectations for more significant cuts before the end of the year. According to a new quarterly report from CoBank’s Knowledge Exchange, the most likely scenario …

N Munoz: Calling this “redistribution” is a pretty convenient way to avoid engaging with...