The recent $1.2 trillion spending bill that was passed by the U.S. Senate and signed by President Biden has left many in the municipal bond market disappointed. The bill, while ensuring the government remains funded, fails to address crucial legislative issues affecting the market. Despite flickers of hope for reforms on Low Income Housing Tax
Federal Reserve Governor Lisa Cook recently emphasized the importance of a cautious approach to cutting interest rates in the United States. The central bank has maintained its rates at a two-decade high, signaling a need for further evaluation before making any drastic changes. Cook highlighted the need for allowing more time for inflation to slow