Jim Farrell, a veteran agricultural and financial executive, believes that current interest rates between 4% and 5% strike a healthy balance for the U.S. economy—especially in agriculture. Drawing on his experience as a director of the Kansas City Federal Reserve Board during the Great Recession, Farrell supports the Fed’s independence from political influence and warns against a return to artificially low rates. He argues that while past policies like quantitative easing were necessary at the time, they also contributed to inflation, rising asset prices, and widening wealth inequality. For rural communities, he says, economic stability comes not from extreme rate cuts, but from balance.