FOMC

While policy rules have their merits, policymakers should not apply them “mechanically,” and committees offer benefits rules can’t, Federal Reserve Vice Chair Stanley Fischer said Friday.

The Federal Open Market Committee held rates at 0.75% to 1%, with no dissents, while offering no clues as to what the June meeting holds.

The Federal Open Market Committee meets May 2-3. Here's what you need to know about voters' recent statements.

The primary muni market has been volatile the past month since the election. Now with 2016 almost over, the Federal Open Market Committee is set to meet on Wednesday with a bump in interest rates widely expected, which would be the first since last December. In the latest installment of Muni Minute, we preview the Fed meeting and speculate on what could follow from the FOMC in 2017.