Monetary policy

Monetary policy is near a neutral level, one that neither stimulates nor restricts economic growth, according to Federal Reserve Bank of Atlanta President Raphael Bostic, who noted that caution should be used going forward.

Federal Reserve Chairman Jerome Powell said the U.S. economy is strong but could face headwinds next year.

Former Federal Reserve Chairman Alan Greenspan said a rising U.S. debt burden could derail the current expansion.

The Senate is poised to confirm Kansas Banking Commissioner Michelle Bowman to the Federal Reserve Board. But the nominations for the two other open seats are still in limbo.

Federal Reserve interest-rate hikes are causing the U.S. trade deficit to widen, not unfair Chinese trade practices, former Fed Chair Janet Yellen said.

Federal Reserve Bank of San Francisco President Mary Daly said U.S. policy makers ought to be gradually lifting interest rates to bring an economy that’s running above potential in for a soft landing.

Munis ended stronger on a day when activity was muted ahead of the Fed leaving rates unchanged.

The Federal Reserve left interest rates unchanged and stayed on course to hike in December,

Republican gains in the Senate may alter the fate of at least one of President Trump’s nominees for the Federal Reserve.

Investors are still getting to know Powell, who prides himself on his ability to translate difficult subjects into plain English.