Successful approaches to reducing racial disparities in economic opportunity have benefits that extend over a number of years, spill over to children or surrounding communities, and provide direct material support or reinforce soft skills.
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.
FEMA flood maps do not provide a complete picture of flood risk in Chicago for two reasons. First, when designating flood zones, FEMA does not include surface flooding, the primary source of flood risk for most Chicago properties. And second, flood maps are often outdated. Most of Chicago’s flood maps were last updated in 2008.
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