Federal Reserve officials are barreling toward another interest-rate rise of 0.75 percentage point at their meeting Nov. 1-2 and are likely to debate then whether and how to signal plans to approve a smaller increase in December. “We will have a very thoughtful discussion about the pace of tightening at our next meeting,” Fed governor Christopher Waller said in a speech earlier this month. Some officials have begun signaling their desire both to slow down the pace of increases soon and to stop raising rates early next year to see how their moves this year are slowing the economy. They want [...]

City leaders are asking Lawrence residents to weigh in on whether changes should be made to the city’s sidewalk repair program. The program requires certain property owners to pay part of the costs to make repairs, and has been controversial with some residents, who say the city should treat sidewalks like other infrastructure and take full financial responsibility. The format of the current program has so far resulted in the city paying about 70% of repair costs, with the remainder being paid by property owners. Source: LJWorld

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.