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Jerome Powell confronted skepticism from Republican Sen. Patrick Toomey on Tuesday when the Federal Reserve chairman explained why the central bank is undertaking a yearlong review of its approach to achieving its 2% inflation goal.
February 26
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Federal Reserve Chairman Jerome Powell said a healthy U.S. economy has faced some “crosscurrents and conflicting signals” that officials in January decided warranted taking a patient approach to future interest-rate changes.
February 26
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As Albany enters the budget homestretch, debate over congestion pricing and other measures to bolster mass transit in the New York City region is intensifying.
February 25
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The Federal Reserve reiterated a patient stance on future interest-rate changes in a robust domestic economy facing potential headwinds including slower global growth and market volatility.
February 22
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Federal Reserve Bank of New York President John Williams voiced concerns that inflation expectations may have slipped downward after years in which price rises have failed to reach the central bank’s 2% target.
February 22
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Former Federal Reserve Chair Janet Yellen signaled it may be harder than U.S. trade negotiators think to prevent China from manipulating its currency.
February 20
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Critics of incentives used to lure Amazon to New York City prevailed as the company canceled plans for a project that would have impacted housing and transit.
February 14
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California has issued $3.3 billion of general obligation bonds for the high-speed rail project out of $9.9 billion authorized by voters.
February 14
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Federal Reserve Governor Lael Brainard indicated she favors ending the process of normalizing the U.S. central bank’s balance sheet in 2019.
February 14
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Ron DeSantis in Florida focuses his bond priorities on Transportation while Georgia's Brian Kemp wants to fund statewide capital needs.
February 13
