About info

This author has not yet filled in any details.
So far info has created 23652 blog entries.

Hawkish Fed signals it may have to raise rates sooner to fight inflation

2022-01-06T07:46:57-06:00January 6th, 2022|

A "very tight" job market and unabated inflation might require the Federal Reserve to raise interest rates sooner than expected and begin reducing its overall asset holdings as a second brake on the economy, U.S. central bank policymakers said in their meeting last month. In a document released on Wednesday that markets took as decidedly hawkish, the minutes from the Dec. 14-15 policy meeting showed Fed officials uniformly concerned about the pace of price increases that promised to persist, alongside global supply bottlenecks "well into" 2022. ... The language showed the depth of the consensus that has emerged at the Fed [...]

Support expressed for looking locally for firm to help Topeka find city manager

2022-01-06T07:45:07-06:00January 6th, 2022|

Though out-of-state firms helped Topeka's city government find its last three permanent city managers, the mayor and council members voiced support Tuesday for looking locally this time for a company to help conduct that search. "I really don't feel we need a national search firm," said Councilman Neil Dobler. Mayor Mike Padilla and most other members of the nine-person council joined Dobler in voicing support for hiring a search firm that's local, or at least regional, to help find a replacement for former city manager Brent Trout. Source: CJonline

Municipal Bond Trends for January 5, 2022

2022-01-06T07:35:35-06:00January 6th, 2022|

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. Every issuer's credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman and Beth Warren.

Sedgwick County in worst COVID crisis since pandemic began, health officer Minns says

2022-01-06T07:33:29-06:00January 6th, 2022|

Sedgwick County and Kansas are in the worst shape they’ve been since the beginning of the COVID pandemic, with hospitals being overwhelmed, vaccination rates stagnating, and residents and businesses almost universally ignoring recommendations to prevent the spread of the coronavirus and its variants, the county’s health officer said Wednesday. “I want you to know we are at the point we had all hoped would never occur,” Dr. Garold Minns told county commissioners on Wednesday morning. “Ever since this pandemic started we were hoping to avoid this situation, but we are at a crisis. “We had all hoped by two years this [...]

City approves ordinance regarding mail, elections

2022-01-06T07:33:01-06:00January 6th, 2022|

The Gardner City Council adopted an ordinance regulating mailed ballot solicitations during a 15 minute meeting Dec. 20. Sec. 7.5. Distribution of Unattributed Applications for Advance Voting Ballots regulates font size on mail labels, addressing and how much of an advance voting application may be completed prior to mailing. Those found to be in violation of the ordinance are found guilty of a class C nonperson violation. ... Questions regarding how Gardner officials would inspect mail, regulate label font size, organization’s executive officer or return addresses were not clear. Source: Gardner News

Douglas County implements emergency mask mandate, effective Friday

2022-01-06T07:31:03-06:00January 6th, 2022|

Douglas County officials have implemented an emergency mask mandate to curb the spread of COVID-19 as numbers have reached record highs in the past week. Dr. Thomas Marcellino, the Douglas County health officer, and Douglas County Commission Chair Shannon Portillo announced the order Wednesday, to go into effect Friday, Jan. 7. It will require all people ages 2 and up to wear masks inside any public spaces in the county.... The county commission will discuss extending the order during a meeting Jan. 12. Source: The Lawrence Times

‘Who gets care and who does not’: KS hospital officials ask for emergency declaration

2022-01-06T07:25:07-06:00January 6th, 2022|

Wesley and Ascension Via Christi hospital executives are calling for a statewide emergency declaration that would allow hospitals to house more than their licensed number of patients, as surging COVID-19 cases perpetuate dire conditions in Wichita’s overcrowded ERs. Dr. Kimberly Megow, chief regional medical officer of Wesley’s parent company, HCA, spoke about the life and death treatment decisions being made during a video conference with hospital officials from across Kansas on Wednesday morning. “We continue to run well over 100% capacity in all of our ERs. Some of them are 200 or 300% capacity,” Megow said, referring to a metric based [...]

Will Kansas eliminate sales tax on all food, or limit relief to healthy food only?

2022-01-06T07:25:17-06:00January 6th, 2022|

As Gov. Laura Kelly campaigns to eliminate Kansas’ sales taxes on food, a movement is brewing to limit the tax relief to healthy foods only. The idea of limited food tax relief surfaced during a public forum of the South Central Kansas legislative delegation Tuesday night. It was suggested by Jane Byrnes, a health and fitness advocate who serves on Wichita’s Bicycle and Pedestrian Advisory Board. “If you remove the tax from healthful foods for Kansans, you’d be educating Kansans,” Byrnes said. “Most folks don’t know the difference between evidence-based healthful foods and the extras, the heavily marketed snacks and sugary [...]

A fighter for low interest rates, Minneapolis Fed chair says U.S. needs two rate increases in 2022

2022-01-06T07:25:32-06:00January 6th, 2022|

Even Neel Kashkari thinks it's time to raise interest rates. Since he became president of the Federal Reserve Bank of Minneapolis in 2016, Kashkari has consistently opposed rate increases and became known for holding the most dovish views of the central bank's policymakers. But amid some of the highest inflation in decades, Kashkari on Tuesday said he supports raising rates this year — but twice, not the three times the Fed signaled on Dec. 15. Source: Wichita Eagle

Fire departments win 27th annual Wichita/Sedgwick County Battle of the Badges

2022-01-06T01:07:45-06:00January 6th, 2022|

Wichita and Sedgwick County firefighters won the 27th annual Battle of the Badges.  It’s the third straight year the fire departments have lifted the trophy, beating out law enforcement and EMS in the competition. With first responders’ efforts and donors’ generosity, the Red Cross of South Central and Southeast Kansas collected more than 1,400 donations from Dec. 13 through Jan. 2, 120% of its goal for the blood drive. “Every 2 seconds someone in the United States needs blood. That’s a staggering statistic that impacts our lives every single day,” said Wichita Fire Capt. Chris Fleming, who is also a member of the [...]

Go to Top