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Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported high input and selling prices, suggesting growing inflation.

The bill has a $63 billion in spending for non-defense discretionary programs in the 2018 fiscal year ending Sept. 30, including $10 billion more for infrastructure programs.

Mnuchin will hand-deliver documents related to the loan in his first visit to the territory as a public official, he said.

Chicago Public Schools officials say the deal won't include any scoop-and-toss restructuring for budget relief.

Bill Gross, the billionaire bond manager with Janus Henderson Group Plc, doesn't expect three or four hikes this year.

Puerto Rico's default is generating concern over mainland special revenue bonds and distressed issuers, and undercutting confidence in municipal credit nationwide.

Primary and secondary activities were an afterthought Wednesday as the municipal market focused on the interest rate announcement from the Federal Reserve Board.

In his first press conference as chair following a Federal Open Market Committee Jerome Powell stressed that “one decision” was made at the meeting: raising rates 25 basis points to a 1.5% to 1.75% target range.

The Federal Open Market Committee raised the federal funds rate target to a 1.50% to 1.75% range, as expected, while the Summary of Economic Projections still calls for three hikes this year.

Walter Higgins is to be paid $450,000 per year plus bonuses if metrics are met.

New Jersey Gov. Phil Murphy wants his first budget proposal to begin a turnaround for the state’s mass transit system.

The other finalist is a consortium that features Chicago-based broker-dealer Loop Capital Markets.

The municipal market concentrated on a Federal Reserve Board 25 basis-point interest rate hike, while keeping an eye on falling snow.

Climate Bonds Initiative of London cited the authority's $662 million green sale.

They say the city’s massive capital program needs right-sizing to solve a problem that goes back several administrations.

Existing home sales rose in February as sales gain in the West and South offset decreases in the Northeast and Midwest.

A newly-published MSRB document is aimed at helping to reign in what the SEC has described as fairly widespread violations occurring at smaller municipal advisory firms.

Some worry that MSRB's late release of an updated set of FAQs on markup disclosure requirements will hinder their meeting the May 14 effective date.

The municipal market completed a few competitive deals and one notable negotiated sale on Tuesday, while awaiting the conclusion of the Federal Open Market Committee meeting.

The municipal market and its participants got a few competitive deals, but the two-day Federal Open Market Committee meeting looms large.