Washington

"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

Powell, 69, received the positive test Wednesday and "is up to date with COVID-19 vaccines and boosters," the Fed said in a statement, adding that he is working remotely while isolating at home.

The alliance will hold semi-annual conferences to consider innovative solutions to infrastructure financing and delivery.

Improved disclosure is likely to have a cost, though analysts have long maintained the benefits outweight that.

Treasury typically suspends the sale of new state and local government series securities when nearing the borrowing cap.

Underwriting fees generated for the board totaled some $7.4 million, an almost 50% drop from the $14.3 million the board received in 2020.