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Federal Reserve Bank of Minneapolis: High Interest Rates Remain Top Challenge for Businesses as Demand Cools
August 20, 2024
MINNEAPOLIS, Minnesota, Aug. 20 -- The Federal Reserve Bank of Minneapolis issued the following analysis on Aug. 19, 2024, by analyst Haley Chinander:

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Ninth District businesses report lower revenue and profits in Minneapolis Fed survey

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Concerns about cooling demand have added pressure to businesses in a high-cost environment, according to a recent Federal Reserve Bank of Minneapolis survey.

The July survey received 587 . . .

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