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Max Armstrong's Daily Updates

MIDDAY Midwest Digest, Oct. 30, 2019

Max Armstrong talks about interest rates, the Federal Reserve, harvest progress, Halloween and a gender reveal explosion (audio)

With interest rates and the Federal Reserve in the news today. Did you know there are 12 Federal Reserve district banks. There is one state home to two of those district banks. It is Missouri with a bank in St. Louis and Kansas City.

Grain prices have benefitted – corn and soybeans -  from stalled harvest now put on hold by winter weather in some fields. Long-time customers are making purchases from others. In soybean market, too, it’s very much about the demand. Traders await confirmation there is at least part of trade deal with China.

You likely heard about 56-year-old woman in Iowa killed by shrapnel at a gender reveal party.  The powerful blast shook neighboring houses.

There’s a lot of spending for Halloween observance. Overall spending for Halloween is down little from last year. Rest assured, some continue to celebrate just the way they have. National Retail Federation said $390 million spent on Halloween cards.

 

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