FOMC

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.

Former Federal Reserve Chair Janet Yellen said higher interest rates will be needed to keep the U.S. economy from overheating.

This week's miniature muni slate of under $3 billion means deals should have little trouble attracting investors.

The municipal bond market will focus more on the Summary of Economic Projections and the press conference, with a rate hike assumed.

Directors at the Federal Reserve Bank of New York said they had narrowed their search for the bank’s next president to a “handful of final candidates,” without naming any.

Bryce Doty, senior vice president with Sit Investment Associates, says the Fed needs to appear more aggressive in order to stay ahead of inflation expectations. Gary Siegel hosts.

Neel Kashkari is questioning whether the economy is really at full employment, a line his Federal Reserve colleagues frequently trot out.

Unless events change the economy, the Federal Open Market Committee will likely need four 25 basis point rate hikes this year, Federal Reserve Bank of Boston President Eric Rosengren said Friday.

The Federal Reserve may be well-served by postponing additional interest-rate increases until inflation data show a stronger pickup in price pressures, Chicago Fed President Charles Evans said.