Tag: feds
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Fed’s rate cut boosts existing construction projects, more needed to spur new builds
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Contractors sensed growing momentum across the construction market after the Federal Reserve again lowered interest rates Wednesday, its third cut of 2025. The central bank trimmed its benchmark rate by another 25 basis points, which extends a…
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Fed’s latest cut strengthens construction confidence
Contractors are feeling early signs of momentum returning to the construction market. The Federal Reserve trimmed its benchmark interest rate by another 25 basis points on Wednesday. The cut tacks onto its previous rate cut in September. Developers who spent much of the year waiting on the sidelines are eager to call project teams back…
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After 475 arrests at Georgia jobsite, feds vow more raids
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: In one of the highest profile immigration raids of President Donald Trump’s second term, hundreds of federal agents arrested 475 workers at a construction site in Georgia, the Department of Justice announced Sept. 5. Meanwhile,…