NEW YORK - U.S. inflationary pressures were lower in May, as the U.S. future inflation gauge slid to 101.0 from a revised 102.9 in April, originally reported as 102.8, according to data released Friday morning by the Economic Cycle Research Institute.
“With the USFIG hitting a seven-month low, underlying inflation pressures have clearly begun to recede,” ECRI Chief Operations Officer Lakshman Achuthan said in a release.
Tyson brings experiencer representing and working for local governments to Greenberg Traurig's Chicago public finance and infrastructure practice.
The top 10 bond counsels saw some shuffling and welcomed two new entrants, Locke Lord and Ballard Spahr.
School districts, which have been a main driver of debt issuance in Texas, account for 58% of the $17.4 billion of bond requests in Saturday's election.
Bonds from the authorization will likely be broken over three separate sales.
Climate change presents a higher risk for muni bonds, compared to other investments, because the debt often has longer maturities and therefore, higher vulnerability to the long-term effects of climate change, said S&P' Sustainable1's global head of research and methodology.
Preliminary issuance figures for April are at $39.39 billion, up 18% from April 2023.
