Washington

Muni bonds are giving younger investors the opportunity to put their money to work in ways that they value.

The MSRB is hoping to help the market comply with the soon-to be-effective disclosure rule amendments.

Federal Reserve Vice Chairman Richard Clarida said the central bank should be ready to adjust monetary policy if headwinds to the economy from financial markets or global growth prove persistent.

Moody’s Investor’s Service said the shutdown “has had minimal impact on municipal credits,’’ but warned that “economic disruption will grow as the shutdown lingers.”

The Federal Reserve can be patient in raising rates, Federal Reserve Board Chair Jerome Powell said Thursday, and he doesn’t expect the economy to go into recession in the near term.

The government shutdown limits the SEC's ability to answer issuers' questions on continuing disclosure requirements that take effect Feb. 27.

Given that inflation has been below the Federal Open Market’s stated 2% target on an annual basis each year since 2012, Federal Reserve Bank of St. Louis President James Bullard said Thursday monetary policy might be “too hawkish.”

The next generation of Congress should start with an issue that affects every voter in every district.

Federal subsidy payments made to issuers of Build America Bonds are continuing even as Congress remains deadlocked over funding for government agencies.

The proposed settlement involves the Jan. 3 issuance of $7.3 million in transportation development refunding revenue bonds that are being used in the hope of resolving the tax audit of $9.55 million in tax-exempt bonds issued in 2009 for construction of a parking garage.