Organization Root Tag

Federal Reserve Bank of Cleveland President Loretta Mester reiterated the central bank needs to keep tightening gradually.

Muni issuers rushing to get advance refundings done in December before Congress passes a tax bill that terminates them may face a halt in sales of state and local government securities because of the debt limit.

Traders saw "a major flip in psychology of the market" as moves to bar private activity bonds and advance refundings met some resistance.

While money on hand was better than expected, the island's financial advisory authority warned that expenditures will worsen.

With rates trending higher, the county still hopes an advance refunding will save water and sewer ratepayers $68 million.

The possibility of the municipal market losing both advance refundings and private activity bonds brought a spike in issuance that's likely to extend into December.

Billions of dollars of new paper hit on the market on Thursday, as yields began moving down for the first time this week.

The Regional Plan Association recommends congestion pricing, infrastructure banks, public benefit corporations, a regional rail system and an end to 24-hour New York subway service.

This busy week will end with a bang, as four of the five largest deals are set to price on Thursday.

The Midwest Economy Index remained at a revised negative 0.12 in October, the Federal Reserve Bank of Chicago said Thursday.

Marvin Goodfriend, a noted economist and former Richmond Fed official, was tapped to fill one of three vacancies on the Fed board.

Mayor Rahm Emanuel said there would be no taxpayer funding.

A tribal government specialist has replaced Allyson Belsome as head of the group responsible for muni bond audits.

The muni market weakened Wednesday as issuers flooded into the market to beat tax reform.

The developer's transformational plan relies on roughly $250 million of bond financing.

The bonds for Florida’s Brightline train project are rated BB-minus by Fitch.

Texas state pensions bear the third-highest risk of a downturn-driven "budget shock" behind Alaska and Connecticut, according to Moody's Investors Service.

Nearly all Federal Reserve districts reported modest or moderate economic growth in the past six weeks as business outlook improved and hurricane-related rebuilding pushed prices higher, the latest Beige Book survey showed Wednesday.

Dragged down by prices not sensitive to the economy, inflation should rise next year, Federal Reserve Bank of San Francisco President John Williams says.

The muni market picked up right where it left off on Tuesday: with a steady stream of supply, the dilemma of how to beat tax reform and a weaker tone.