The Investment Company Institute reported $1.221 billion of inflows into municipal bond mutual funds for the week ending Nov. 20. Exchange-traded funds saw inflows of $836 million.
Bondholders are prepared to loan up to $22 million to the hospital.
November's total is below the 10-year average of $32.278 billion and is the lowest monthly total this year. The year's total is about $25 billion short of $500 billion.
The $515 million bond-financed arena renovation in downtown Washington will move forward despite labor union concerns.
A complex refinancing continues Chicago's break from past scoop-and-toss deals but front-loads savings to help balance its budget.
"Earlier this month, Chair [Jerome] Powell noted that there was no 'hurry' to cut rates," noted BMO Senior Economist Priscilla Thiagamoorthy. The minutes, she noted, "confirm a broad support for taking a more cautious approach in easing monetary policy."
