FOMC

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.

President Donald Trump told reporters Monday he is “very, very close” to announcing his nominee for chairman of the Federal Reserve.

Federal Reserve Chair Janet Yellen defended the central bank’s use of unconventional and often unpopular monetary policy tools after the Great Recession.

The U.S. Senate probably will confirm President Donald Trump’s pick to lead the Federal Reserve, but the process won’t be free of drama.

President Donald Trump concluded a White House meeting Thursday afternoon with Federal Reserve Chair Janet Yellen as House conservatives mounted a campaign to persuade him not to reappoint her.

President Trump plans to announce his nominee to chair the Federal Reserve before he leaves Nov. 3 for an 11-day trip.

Federal Reserve Bank of Dallas President Rob Kaplan said Tuesday he expects gradual rate hikes will remain appropriate.

Stanford University economist John Taylor, a candidate for Federal Reserve chairman, made a favorable impression on President Donald Trump, several people familiar with the matter said.

Federal Reserve Chair Janet Yellen said the U.S. central bank expects to continue to raise interest rates gradually.

The Federal Reserve policy maker said he isn’t worried John Taylor, if nominated to lead the central bank, would be too severe in seeking to impose his views on policy.

The federal funds rate target should continue rising gradually until reaching its “new normal of 2.5%,” Federal Reserve Bank of San Francisco President John Williams said Wednesday.

Many Federal Reserve policymakers worried about low inflation and some want to feel more confident inflation is moving higher before raising rates again.

Maintaining that gradual rate hikes remain the best course for the economy, Federal Reserve Bank of Kansas City President Esther George said Wednesday the Federal Open Market Committee “is, by historical standards, meeting the dual mandate.”

Federal Reserve Bank of Chicago President Charles Evans said weak inflation in the U.S. may not be entirely due to temporary factors.