FOMC

Chicago Fed President Charles Evans says he’s “quite comfortable” with the prospect of another interest-rate hike in December.

Federal Reserve Chairman Jerome Powell played down the signal being sent by a flatter yield curve and said the risk of recession was not especially high.

Indications of a more hawkish sentiment at the Fed may continue to pressure tax-exempt yields higher, particularly on the short end of the curve.

Federal Reserve Board Chairman Jerome Powell said the removal of “accommodative” from the post-Federal Open Market Committee meeting statement doesn’t “represent a change in policy.”

Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into 2019, risking fresh criticism from President Donald Trump.

Municipal bond issuance is set to drop by half next week as Federal Open Market Committee meets and the third quarter comes to an end.

Market expectations for rates appear to be catching up to the Fed’s own projections.

Jerome Powell has already put his own stamp on Federal Reserve communications. If he wants to shake things up a little more, he’s got a number of options.

President Donald Trump plans to nominate Nellie Liang, a former Federal Reserve economist with expertise in financial stability, to the central bank’s Board of Governors.

Richard Clarida was sworn in as vice chairman and a member of the Federal Reserve System Board of Governors Monday.