Fed’s recent rate cuts could improve borrowing options for state and local government projects
- The Federal Reserve's recent rate cut could lower borrowing costs for state and local governments, making big infrastructure changes easier.
- Lower interest rates may encourage housing development and improve tax revenue, according to state officials.
- Experts predict that another rate cut could follow in December, impacting rent affordability and capital projects.
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Coverage Details
Total News Sources0
Leaning Left11Leaning Right0Center1Last UpdatedBias Distribution92% Left
Bias Distribution
- 92% of the sources lean Left
92% Left
L 92%
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