June should be an option for liftoff and the Federal Open Market Committee should remove the reference to "patient" in statement after its March meeting, Federal Reserve Bank of Cleveland President Loretta Mester said in a televised interview Thursday.
If the Fed takes out "patient" in March, it doesn't automatically mean liftoff will be in June, but "June becomes a viable option," something Mester told CNBC she's "in favor of."
Friday price talk for the unrated tax-exempt paper was between 11% and 15%.
The board approved that step at its second quarter board meeting held this week.
The Inflation Reduction Act, affordable housing and clean energy were among the topics discussed at Baker Tilly's DevelUP conference in Chicago this week.
The replacement Hollywood Burbank Airport terminal won't have more gates, but will be less cramped and resolve its noncompliance with FAA safety regulations.
"Folloing recent yield moves, a generic muni index is now down 1% on the month with no real sub-sector showing much deviation from that result," said Kim Olsan, senior vice president of trading at FHN Financial.
The law firm revealed 2024 promotions.
