The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week, after recent reports showed the economy grew at a much more rapid pace than expected and inflation eased. “In many ways, we already have a soft landing,” said Columbia Business School economics professor Brett House.
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Muni market participants and analysts expect certain sectors and subsectors to experience credit weakness and the U.S. presidential elections and federal policy potentially having major impacts on the municipal market this year. The Bond Buyer released survey results in a report titled, “After two stormy years, munis face still more uncertainty,” which detailed predictions and
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Stay informed with free updates Simply sign up to the EU economy myFT Digest — delivered directly to your inbox. Security is about power — the power to prevent others from harming you, the power to expand the choices available to you, and in the last instance, the power to coerce others to protect your
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The use of premium bonds has ignited a dispute between Vermont’s most populous city and the state auditor. The state auditor found that the city of Burlington issued more debt than it was approved for under the state’s tax increment financing law and made more than a million dollars of accounting errors. The city’s Downtown
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nearly a third of the ministers in the Israeli cabinet attended a far-right conference calling for the re-establishment of Jewish settlements in Gaza, sparking a backlash from opposition politicians. Ultranationalist finance minister Bezalel Smotrich and
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran distanced itself on Monday from an attack that killed three US soldiers as pressure built domestically on President Joe Biden to respond against Tehran. A day after the US blamed “radical Iran-backed militant groups”
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Jamail might be smiling somewhere. Jamail was a successful Texas lawyer starting in the 1950s who specialised mostly in personal injury disputes. But in the mid-1980s, through happenstance, Jamail starred as a central figure
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The US Federal Open Market Committee and the UK’s Bank of England announce their rate decisions this week. We’re expecting a cut from both, just not this month. Central bankers have been, and are likely to continue to be, in wait-and-see mode — read Chris Giles’s excellent Central Banks newsletter (for Premium subscribers) to get
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Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. German rightwing populists have suffered a surprise defeat in a widely watched regional election that has followed a fortnight of nationwide protests. The Alternative for Germany (AfD) party lost a district election in the state
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