Washington

Markets took the Federal Reserve Board chairman's comment on increased uncertainty as a signal that a 25 basis point rate cut is coming.

Federal Reserve officials judged uncertainties and downside risks to the outlook for the U.S. economy had increased significantly when they gathered in June, strengthening the case for an interest-rate cut

The Chicago-based firm adds to the dealer group's voice as it pushes for muni policy measures that have been stalled for years.

The role of SLGS has been significantly diminished by the termination of advance refundings on Jan. 1, 2018, under the Tax Cuts and Jobs Act, with the amount of SLGS outstanding declining more than 49%.

Allison Herren Lee is short on direct municipal market experience, but has a well-rounded background as a securities lawyer.

With the economy strong, Federal Reserve Bank of Philadelphia President Patrick Harker said interest rates should be held for now.

Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.

Fitch Ratings on Monday assigned a BBB rating to $264 million of private activity bonds to fund an extension to Virginia’s 95 Express Lanes.

The U.S. Energy Information Administration estimates there are 990,000 electric vehicles on the road this year and that number will grow to 1.5 million next year and 2.17 million in 2021.

The market will look for clues about monetary policy when Fed Chair Jerome Powell testifies before Congressional panels this week.