Markets

While some Federal Reserve Bank presidents offered hawkish remarks at the Jackson Hole symposium, the markets still expect a 25 basis point cut, and analysts agree.

Ahead of the Labor Day holiday, municipal bond buyers will get a chance to nab over $6 billion of bonds set to hit the market.

It's Moody's first upgrade of the state since 1997.

The last full trading week ahead of the Labor Day holiday will see a variety of credits come to market.

County supervisors gave the treasurer and tax collector 180 days to come back with recommendations for a public finance diversity and inclusion initiative.

The new money piece of the $77 million deal will cover the county's obligations under its lease agreement with the Cleveland's NBA franchise.

Federal Reserve Board Chairman Jerome Powell again pledged the central bank “will act as appropriate to sustain the expansion,” despite “no recent precedents to guide” policy decisions.

The commonwealth intends to refund $630 million in taxable and tax-exempt bonds next week, and issue $600 million tax-exempt new-money on Sept. 5.

Houston issued bonds in the negotiated sector, while Long Beach competitively sold two issues.

The bonds sold for Paradise, the town nearly leveled by a 2018 fire, remain at speculative grade.