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Drought, interest rates dry up funds for Missouri’s low-interest loan program

Drought, interest rates dry up funds for Missouri’s low-interest loan program

by Missourinet Contributor | Nov 29, 2023 | Business, News, Politics / Govt

The Federal Reserve has raised interest rates to combat ongoing inflation. Due to the decisions, and this year’s drought impacting Missouri farmers, the state has temporarily suspended applications for its low-interest loan program. Missouri State Treasurer...

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