In this month’s Municipal Strategy Report we discuss the effect that falling inflation would have on the Fed and the anticipated time path of monetary policy. The confusion this situation is creating is already being felt in both stock and bond markets, where volatility has increased.
Additional strategy report features include:
- A feature discussion regarding the importance of considering overlapping pension liabilities in assessing city credits
- The oil industry, and the "double-edged sword" it represents for states in terms of their economies and fiscal profiles
- A detailed look at Michigan school districts that are "feeling the pinch."