Markets

Moody's action followed Fitch putting the authority on ratings watch negative on Friday.

More than 300 market participants, including 100 investors, attended the city's annual conference Friday to hear from Mayor Lori Lightfoot.

Municipal bond supply will keep on keeping on this week, continuing a boom that started August.

The U.S. economy is growing slower than it has in the past couple of years, and conditions may get worse in the next few quarters, according to Federal Reserve Bank of St. Louis President James Bullard.

Fiona Ma will give the keynote at the Bond Buyer's California Public Finance conference. Elsewhere, the market is gearing up for another interesting slate.

The Connecticut Housing Finance Authority will price the housing mortgage finance program bonds through negotiation.

The primary market was somewhat stagnant after the FOMC but things should revert back how they were before — with most deals getting put away quickly.

The household employment survey showed good economic news, while other measures were mixed.

Moody’s Investors Service citied continued operational and performance improvements for the upgrade to Baa1.

The Federal Reserve took center stage again Friday, with two presidents explaining why they dissented at the latest meeting and Vice Chair Richard Clarida terming it “healthy” debate.