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The SLGS window could be closed for weeks or even months, a bad result for issuers who need access to them.
February 22
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Facing a long-term environment of low interest rates and low inflation, Federal Reserve Vice Chairman Richard Clarida said it’s a good time for the U.S. central bank to undertake a review of how it goes about pursuing its twin goals of maximum employment and price stability.
February 22
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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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The Federal Energy Regulatory Commission said it had no authority over JEA’s agreement with the Municipal Electric Authority of Georgia to buy nuclear power.
February 22
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The Florida Development Finance Corp. has been asked to approve a third private activity bond allocation for Brightline/Virgin Trains.
February 21
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A large municipality with strong legal representation will draw attention, even from those skeptical of whistleblower suits alleging bank fraud in the variable-rate demand obligation market.
February 21
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The household sector owned 42.2% of the nation’s $3.83 trillion in municipal securities in the second and third quarters of 2018, according to Federal Reserve data.
February 21
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Public pension funds are increasingly attracted to infrastructure investment.
February 21
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The groups plan to address advertising, defining duties for non-solicitor muni advisors and test prepping during the program.
February 21
