The benchmark interest rate in Poland was last recorded at 5 percent. This dataset provides - Poland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in India was last recorded at 5.50 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The industry has a strong run of year-over-year growth through the end of 2024 up until the onset of the pandemic. Normally, a financially distressed Agricultural sector would cause industry revenue to climb, but the Federal Reserve dropped interest rates to near-zero in response to the pandemic and the staggering amount of fiscal aid provided to farmers via the United States Department of Agriculture Emergency Food Purchasing Plan and the Paycheck Protection Plan had greatly reduced farmers' demand for agricultural loans. This simultaneously caused revenue to decline in 2020. Following the pandemic, the Fed raised interest rates in 2022 to tackle rampant inflation which increased borrowing costs for farmers and reduced loan volumes for the industry. In 2024, as inflationary pressures eased, the Fed slashed interest rates, which will likely boost loan volumes but reduce interest income on each loan. Overall, industry revenue shrank at a CAGR of 1.4% to $20.4 billion over the past five years, including an expected decrease of 0.9% in 2024 alone. Because of such strong increases in governmental aid as a share of total farm income, net farm income has risen strongly in the past 18 months, which has reduced the sector's reliance on bank loans, with the industry exhibiting a revenue slide in 2020 as a result of a surprising fiscal stability agricultural sector, barring difficulties in the live-cattle segments because of strong increases in government transfer payments. Moreover, industry profitability has climbed due to the high interest rate environment in the latter part of the period which increased interest income on each loan. However, the high interest rate environment hindered loan volumes for the industry. The industry is expected to continue sliding through the end of 2029 as the farm economy is expected to exhibit declines. With declining agricultural prices and returns to farmers, it's expected that the sector will need to increasingly rely on this industry. Also, the anticipation of further rate cuts as inflationary pressures ease will reduce borrowing costs which will enable farmers to increase their loan demand. However, the industry is anticipated to decline at a CAGR of 0.9% to $19.5 billion over the five years to 2029.

The benchmark interest rate in Philippines was last recorded at 5.25 percent. This dataset provides the latest reported value for - Philippines Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in New Zealand was last recorded at 3.25 percent. This dataset provides - New Zealand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.