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The markets are pricing in a 25 basis point Fed rate cut in July, as Thursday’s indicators showed continued manufacturing weakness.

President Trump has told confidants as recently as Wednesday that he believes he has the authority to replace Jerome Powell as chairman of the Federal Reserve Board, according to people familiar with the matter.

While the statement said the panel will “act as appropriate,” the dot plot showed as many expect a cut as foresee no change.

A proposal to establish such a fund, as opposed to the current mechanism for reserves, is headed for the November ballot.

While the markets are pricing in two or three interest rate cuts this year, doubters remain.

Former Fed Vice Chairman Stanley Fischer predicted President Trump won’t renominate Jerome Powell as central bank chair, undercutting the Fed’s autonomy.

President Trump sharply criticized Jerome Powell in an interview aired Friday, blaming the Federal Reserve chairman for raising interest rates.

Municipal issuers are benefiting from lower interest rates and investor demand that seem at least partly driven by the nearly constant talk of tariffs and trade wars.

The standoff continues as the Fed won't talk rate cuts and the market continues to expect more.

New York City Comptroller Scott Stringer received several awards for excellence in financial reporting.

A disappointing read from the ADP employment report overshadowed a positive read on the service sector, and the markets upped expectations for rate cuts through next year.

Under the right conditions, Federal Reserve Board Chair Jerome Powell hinted he would be willing to consider lowering interest rates.

The New York City Housing Development Corp. intends to issue up to $1.1 billion of multi-family housing revenue bonds and provide roughly $27 million of additional financing.

The St. Louis Fed's James Bullard and the San Francisco Fed's Mary Daly said economic conditions may justify lower interest rates.

Center for an Urban Future is calling for an additional $100 million for the city's parks budget, and strategies from concession sales to developer contributions with zoning amendments.

An uptick in inflation may be a sign that Federal Reserve Chair Jerome Powell was right when he said a dip in prices could be brief, allowing patience on rates.

Financing would hinge on two major variables: the success of Hudson Yards-type value capture outside Manhattan, and aid from the federal government.

Representatives of minority- and women-owned small banks from around the country met to discuss how to expand business opportunities.

New York Mayor Bill de Blasio has touted his administration's record levels of reserves. Whether they can sustain a downturn is up for debate.

Municipal market participants are increasingly skeptical that an infrastructure bill will pass this year.