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Unwinding the Federal Reserve’s balance sheet should start “sooner rather than later,” Federal Reserve Bank of Kansas City President Esther George said Wednesday.
July 12
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All 12 Federal Reserve Districts saw economic growth in June, the Beige Book, released Wednesday indicated.
July 12
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The government has averaged a $104 billion deficit in October over the last five years.
July 12
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Struggles with tuition revenue growth landed a junk rating for Hartwick College in Oneonta, N.Y.
July 12
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The organization's national conference will be held in Los Angeles for first time.
July 12
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The Treasury Department auctioned $20 billion of 9-year 10-month notes with a 2 3/8% coupon at a 2.325% high yield, a price of 100.434016.>
July 12
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The county plans to price $344 million of limited obligation refunding warrants, with a new 1% local sales tax supporting debt service.
July 12
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Top-rated municipal bonds were stronger at mid-session, according to traders, who were seeing another wave of supply hit the market.
July 12
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Federal Reserve Board Chair Janet Yellen said Wednesday that although the timing of balance sheet normalization beginning “doesn’t matter a great deal,” she would like to see it start “relatively soon.”
July 12
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Labor market “activity decreased and momentum remained high in June,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) dropped to 0.33 in June from 0.50 in May, according to the Bank.
July 12
