INVESTMENT ADVISORY SERVICES: FEATURED ECONOMIC INDICATOR
Low Inflation Could Change Fed’s Plans
The Consumer Price Index (CPI) for July grew only 1.7% over the past year. Core CPI, which excludes food and energy costs, also grew at 1.7%.
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PUBLIC FINANCE TRENDS
The Competitive Sale and BQ Bond Advantage
This month, we examined two bond issues from August. One was sold on a negotiated basis and the other on a competitive basis. Both issues were bank qualified (BQ) with similar ratings and par amounts.
