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Although the volume for the primary market will fall toward a more normal level, demand isn't expected to waver.

The governor said the Oversight Board lacks the authority decide about staffing levels and personnel spending.

A disconnect exists between actual spending and the high confidence levels seen in consumer surveys, Federal Reserve Bank of Atlanta President Raphael Bostic said in an interview published Thursday.

The economy is strong enough for gradual rate hikes to continue, despite the fact there may be a few more weak inflation reports coming, Federal Reserve Bank of Cleveland President Loretta Mester said Friday, according to published reports.