“Everybody’s getting a lot more comfortable with having the virus under control and we are starting to see it in the form of economic activity,” said Federal Reserve Gov. Christopher Waller.

The Federal Reserve will likely taper off its bond purchases before considering raising interest rates, Chairman Jerome Powell said.

The markets and the Fed are not on the same page about the future of inflation. Luke Tilley Senior Vice President and Chief Economist at Wilmington Trust will discuss the economy and inflation.

“It’s too early to talk about changing monetary policy ... We want to stay with our very easy monetary policy while we are still in the pandemic tunnel.” Bullard said Monday.

Federal Reserve Vice Chair Richard Clarida said policy makers will await evidence on whether they’re reaching their goals on price stability and employment before adjusting monetary policy.

AFL-CIO president Richard Trumka called on President Joe Biden to use a current vacancy on the Federal Reserve’s Board of Governors to bring greater diversity to the central bank.

Federal Reserve Bank of San Francisco President Mary Daly said she’s “bullish” on the rebound of the U.S. economy, but there is still a long way before the recovery is complete and will wait for the data to show it.

President Biden said he hasn’t spoken with Federal Reserve Chair Jerome Powell since taking office more than two months ago, citing respect for the central bank’s independence and marking a sharp turn from his predecessor, Donald Trump.

Jack Janasiewicz, senior vice president, portfolio manager and portfolio strategist at Natixis Investment Managers Solutions, discusses inflation and why there is disagreement on whether it will become an issue this year. He talks about how stimulus money and the employment situation factor in. Gary Siegel hosts. (Taped March 9 / 30 minutes).

Veneta Dimitrova, senior U.S. economist at Ned Davis Research, says the COVID pandemic showed us the government has more fiscal space than thought. She also discusses inflation, housing, the manufacturing sector, global supply chain challenges and the Fed’s balance sheet. Hosted by Gary Siegel. Taped Feb. 24. (32 minutes)

ICI reported another week of inflows at $2.23 billion. U.S. Treasuries strengthened further as COVID-19 concerns linger with shutdowns in Germany and spreads elsewhere. Equities were mixed.

Federal Reserve Chairman Jerome Powell said prices would rise this year as the pandemic recedes and Americans are able to go out and spend, but he played down the risk that this would spur unwanted inflation.

Dallas Federal Reserve President Robert Kaplan said he is among policy makers estimating that the central bank will have to raise interest rates next year.

The economy seems to be gathering steam, though it is still far from fully recovering from the damage wrought by the pandemic, Federal Reserve Chairman Jerome Powell said.

“Our guidance suggests we would be raising rates were inflation to spike past our targets,” Barkin said.

Exactly one year after record billions were pulled from municipal bond mutual funds and the market was in free fall, municipals followed U.S. Treasuries this week as the markets continued to dismiss the Fed's outlook on inflation and rates.

Bank holdings of municipal bonds increased by 9% in 2020 compared to 2019, according to a new Federal Reserve report.

Hank Smith, head of Investment Strategy at Haverford Trust, discusses the upcoming Federal Open Market Committee meeting, the coronavirus pandemic, inflation, and economic growth. He says, “at some point the Fed will have to acknowledge the economy may really take off.” Gary Siegel hosts. (Taped March 2. 26 minutes)

The creation of the Municipal Liquidity Facility helped not only eligible entities but also those left out of using the program.

Nonbanks had worried the end of the Paycheck Protection Program Liquidity Facility would hurt their ability to lend to small businesses. On Monday, the Federal Reserve announced the facility would be extended for three months.