The January consumer price index dropped 0.7% while the core rate rose 0.2%, the Labor Department reported Thursday.
The December CPI was revised to a 0.3% decline, originally reported as a 0.4% drop, while the December core reading rose 0.1%, originally reported as unchanged.
The median forecast of economists polled by IFR Markets was for a 0.6% decrease in CPI and a 0.1% increase in core.
Inflows returned to muni mutual funds as investors added $200.3 million for the week ending Wednesday after $1.474 billion of outflows, according to LSEG Lipper.
Democratic Gov. Laura Kelly nixed another tax cut bill passed by the Republican-led legislature this year, while pushing a less-costly plan.
It's a big week for the Fortress-backed train company, which refinanced more than $4 billion of debt and broke ground on its West Coast high-speed line.
Photos from The Bond Buyer's Texas Public Finance conference.
The Mayo Clinic is undertaking a $5 billion expansion that may bring new debt as it reconstructs its core Rochester, Minnesota campus.
"Just like the ATM became an additional transaction channel in the banking industry, I believe distributed ledger technology will provide municipal issuers with a similarly valued tool to sell their bonds," said Rick Coscia, Quincy's Strategic Asset Manager.
