The Latest

With rates near zero, analysts will turn to minutes of the latest FOMC minutes for signs of upcoming economic support.

President Trump named Sarah Feinberg, a former FRA administrator, and Chris Koos of Illinois to the board of the quasi-public national passenger railroad.

John Boyd Jr. of corporate site selection firm Boyd Co. discusses economic development scenarios, including the need for a "dramatic, New Deal-type" infrastructure bill. Paul Burton hosts.

The primary was up and running Monday with Connecticut’s $850M offering for retail while many Texas issuers were active on the heels of the Fed news that it is open for business for munis.

Federal Reserve Chairman Jerome Powell said the central bank is prepared to use its full range of tools and leave the benchmark lending rate near zero until the economy is back on track.

The city eyes interest savings and, if conditions permit, may take out some variable rate bonds too.

Kent Hiteshew, who was recently hired by the Fed to help with the municipal market, said the Municipal Liquidity Facility opened Monday.

The co-chair of the House Municipal Finance Caucus also predicted the cost of the $3 trillion HEROES Act will be negotiated downward.

The Federal Reserve opened the door to participating in a competitive bidding process for short-term notes, a requirement in Illinois law.

The Federal Reserve chair says it may take a while, but the U.S. economy will get back where it was before the coronavirus pandemic.