Community leaders and researchers discussed the disproportionate impact of Covid-19 on Chicago’s Black and Latinx residents and on neighborhoods with high rates of poverty at a Project Hometown event.

U.S. corporate borrowers have to pay a higher interest rate if their loans are originated when foreign investors face a higher cost of borrowing U.S. dollars. Federal Reserve interventions that reduce the cost of borrowing dollars internationally through lending to other central banks can reduce interest rates paid by U.S. corporations.