The Latest

Two officials said Tuesday that interest rates may need to move to a higher level than anticipated to ensure inflation continues to ease.

Midwest borrowing last year went from 11% year-over-year growth in the first quarter to a 48% plunge in the fourth quarter.

The jump signals a big pipeline of projects on the horizon.

The demographics of the public-sector workforce are likely to change, even as many state and local governments consider increasing wages and improving other benefits to attract and retain employees.

O'Connor was nominated by Treasurer Fiona Ma for her work on a trust fund program for foster kids and another that finances green P3s.

Julie Burger and Mark Burns will report to Chuck Peck, while Peter Cannava, current head of public finance, will become leader of multifamily capital in Wells Fargo's commercial real estate group.

February municipal bond activity compared to last month is brisk yet more finicky in the face of an ongoing supply shortage, according to Jeff Lipton, head of municipal credit and market strategy and municipal capital markets at Oppenheimer & Co.

Muni issuers are staunchly opposed to what they characterize as an unfunded mandate that provides limited benefits.

Changes to the district's pension code now enshrined in state law put it on a path to full funding in 30 years after voters approved a property tax levy hike.

The scheduled expiration of the TCJA tax cuts "is the most significant factor pushing up tax revenues relative to income over the next 10 years," the CBO said.