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Federal Reserve Chair Jerome Powell said the U.S. economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market.
June 29
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Central bankers must not be complacent about increases in long-term inflation expectations and should act forcefully to curb rising price pressures, said Federal Reserve Bank of Cleveland President Loretta Mester.
June 29
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Disclosure around ESG-related risk factors to credit as well as for ESG-labeled bonds remains a mixed landscape that reflects the heterogenous nature of the muni market itself.
June 28
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A Delaware Superior Court judge found PHC failed to show it suffered reputational loss from Nuveen's alleged defamation to go to trial. PHC will appeal.
June 28
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A new-issue supply-focused buy-side had their sights on the $8 billion-plus flowing into the primary market this week, while municipal traders remained cautious, keeping an eye on bid-wanted lists in the secondary market.
June 28
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Detroit still may ask the federal bankruptcy court to intervene in a pension fund matter that could add to the city's financial stress.
June 28
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The taxpayer refunds captured the most attention, but the final budget also includes a multi-year $47 billion infrastructure package.
June 28
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Bondholders contest Puerto Rico Oversight Board's claim that parties are engaging constructively in mediation.
June 28
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The U.S. Conference of Mayors launched the P3 task force as cities prepare for an influx of federal infrastructure aid.
June 28
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From disclosure to issuance labels, the Chicago finance team is shaping ESG practices that are top of mind for municipal market.
June 28
