FOMC

President Donald Trump’s top economic adviser said the administration won’t wait long before selecting a No. 2 official at the Federal Reserve.

When it comes to winning over traders in the $14.2 trillion Treasuries market, Jerome Powell has it relatively easy.

The bond markets will not have a huge reaction to the nomination of Governor Jerome Powell as chair as of Federal Reserve Board, seeing it as a continuation of the monetary policies of Janet Yellen and Ben Bernanke before her.

A handful of issuers took advantage of low activity Wednesday as the market anticipated the decision to keep the benchmark fed funds rate unchanged.

The Federal Reserve on Wednesday kept its benchmark interest rate unchanged, as expected, and offered an upbeat assessment of the economy.

The primary municipal bond market saw a few deals trickle in on Wednesday, as the Federal Open Market Committee's announcement regarding interest rates nears.

President Donald Trump is leaning toward appointing Federal Reserve Governor Jerome Powell to be the next chairman of the Fed, according to three people familiar with the matter.

The markets have a good idea where rates will be at yearend, but who will head the Federal Reserve remains an open question, raising many concerns about the central bank’s future direction.

President Donald Trump does not intend to appoint National Economic Council Director Gary Cohn to lead the Federal Reserve, three people familiar with the matter said.

Janet Yellen’s only advocate in the White House may be the one person who matters most: President Donald Trump.