Investments

Central bankers need to speak up about economic barriers prompted by racism and the need for inclusion and diversity, Federal Reserve Bank of Atlanta President Raphael Bostic said, a response to critics who see the work as a distraction from the Fed’s main goals. 

Munis followed UST weaker while stocks sold off after the employment report, which offered many messages. Analysts believe the bottom line is the Fed will liftoff in March.

The bankruptcy judge is unlikely to rule on the Plan of Adjustment and related legal documents until the federal government has filed its defense.

The Federal Reserve expects Omicron to fizzle in weeks, and while pandemic-related risks remain, the economy is strong and the Fed needs to address inflation and could liftoff as soon as March, Bullard says.

The number of hospital mergers and acquisitions dropped last year and the pandemic and federal government's actions may influence the 2022 picture

The credit unions had bought $976 million of Puerto Rico bonds and notes, which they alleged they were coerced to purchase by Puerto Rico government and its agencies.

Public sector workforce challenges and diversity, equity, and inclusion are priorities for the new president.

It would mark only the third transit P3 in the country and would be under pressure to deliver without the problems that dogged the other two.

ICI reported $1.101 billion of inflows into municipal bond mutual funds for the last week of 2021. Refinitiv Lipper figures on Thursday may give a sense of investor sentiment for week one of 2022.

California has produced increasingly late audited financial documents since it fully launched FI$Cal, the state's massive financial technology system in 2019.

The competitive tax-exempt Louisville and Jefferson County Metropolitan Sewer District deal is climate bond certified by Kestrel Verifiers.

The U.S. Treasury selloff caught up to tax-exempts with two to three basis point cuts to scales, but munis still outperform.

The proposed guidance, which restricts new highway capacity projects, may be applied to legacy programs like TIFIA as well.

Todd Cipperman, founding principal of Cipperman Compliance Services, talks with Chip Barnett about compliance and disclosure and regulation by the federal government in 2022. (42 minutes)

The Municipal Securities Rulemaking Board has begun accepting applications for two regulated and two public board positions until Feb. 7.

The new office is the firm’s first in the Southeast region.

Municipals triple-A benchmarks continue the trend of ignoring other markets to start 2022. The new year will likely usher in slower growth and continued inflationary pressures, analysts said.

One observer questions if enough money is available.

A whopping 27% increase in revenues in the second half of fiscal year 2021 sets the state up to replenish its reserves and restore positions cut during the pandemic.