Washington

In a speech delivered Thursday afternoon, the Federal Reserve's vice chair said she does not see a wage-price spiral driving inflation, but rather a "price-price spiral."

A panel discussion hosted by the Volcker Alliance explored the future of American cities

Transportation sectors from airports to toll roads are expected to remain stable despite a likely recession and high inflation and interest rates, ratings analysts said.

To cool inflation, the Boston Fed president said, the central bank may need to keep raising rates and then holding them steady for a while.

The MSRB's CEO sat down to discuss regulatory developments in 2023, the board's efforts on technology and other topics.

"Selling prices increased at a modest or moderate pace in most districts, though many said that the pace of increases had slowed from that of recent reporting periods," the Fed said.

Missouri's challenge to the law that prohibits pandemic aid funding being used for tax cuts won't get a hearing.

The MSRB's quarterly meeting, set to take place Jan. 25-26, will also include discussion of EMMA modernization efforts and the impacts of the Financial Data Transparency Act.

The Municipal Securities Rulemaking Board's request for comment on amendments to its primary offering disclosure rule garnered just two submissions.

Bullard says Fed rates need to stay on tighter side in 2023