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With only Sen. Elizabeth Warren challenging their thoughts, Fed nominees Richard Clarida and Michelle Bowman are likely to win approval from the Senate Banking Committee.

While the Federal Open Market Committee will raise interest rates a total of three or four times this year, interest rates will remain low by historical standards.

The commonwealth expects to come to market Wednesday with a competitive issuance.

Bills that stripped territory from Stockbridge without apportioning its debt are credit negative for Georgia local governments and could impose higher borrowing costs.

Municipal bonds turned weaker on Tuesday as a wave of deals swept into the market.

Federal Reserve Bank of Dallas President Robert Kaplan cautioned against policy actions that would push short-term borrowing costs above longer-term yields and said the U.S. central bank should move gradually with its plan to raise interest rates.

Builders’ confidence in the market for new single-family homes grew again as the National Association of Home Builders' housing market index climbed to 70 in May from a downwardly revised 68 in April, first reported as 69.

Prices paid remain elevated, while business activity improved, the Empire State Manufacturing Survey, released Monday by the Federal Reserve Bank of New York, suggested.

Richard Clarida, President Donald Trump’s nominee for vice chairman of the Federal Reserve, will tell U.S. lawmakers he would support policies that take a “balanced approach” to achieving the Fed’s goals of maximum employment and price stability.

The effort by bondholders to work together is seen as a "positive development," though their plan was quickly rejected by the government.

Progress is being made by some states and cities while Congress is independently making incremental progress on airports and water projects, according to infrastructure experts.

Municipal bonds were mixed on Monday as buyers awaited the almost $10 billion of supply set to hit the market this week.

Citing risks to all of the state's pension funds, Gov. Phil Murphy conditionally vetoed legislation to enable a spinoff of the state’s Police and Firemen's Retirement System.

Blame the U.S. central bank for the flattening the yield curve, said Federal Reserve Bank of St. Louis President James Bullard, who urged his colleagues to avoid aggressive policy tightening that would push shorter-term rates above those on longer-dated Treasuries.

New Jersey, Pennsylvania, and other states are hoping to capitalize on gaming legalized by the Supreme Court's decision on Monday.

Moody's sees minimal, but still credit positive, revenue effects for governments that tax legal cannabis.

Municipal bond buyers are eagerly awaiting the biggest new issue calendar of the year, as almost $10 billion of supply is slated to hit the market this week.

Consumers’ inflation expectations grew, but respondents’ optimism about income held, according to the April Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

Gradual rate hikes remain the best policy, and while inflation is near the Fed's target, it’s “too soon” to declare victory, Federal Reserve Bank of Cleveland President Loretta Mester said Monday.

Gov. Jerry Brown unveiled budget proposals that bolster reserves and favor one-time costs.