The Federal Reserve recently raised its benchmark interest rate by 0.75 percent, the biggest increase since 1994. The interest rate is still low by historical standards, with the fed rate now at 1.75 percent. But there is a lot of talk among economists that the fed rate will likely increase to as much as 3.5 percent in 2022 and possibly 4 percent in 2023.
Kansas Lieutenant Governor and Commerce Secretary David Toland announced that Jade Piros de Carvalho will serve as the new Director of the Office of Broadband Development. Jade Piros de Carvalho is a seasoned broadband executive with experience in government affairs, community relations, business development and marketing for the Kansas-based rural broadband provider, IdeaTek. Along with managing advocacy efforts for broadband expansion policy, Piros de Carvalho also spearheaded digital equity efforts for the company.
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