Washington

The Treasury market has functioned normally despite the Federal Reserve’s balance-sheet reduction, according to Federal Reserve Board Gov. Lael Brainard.

The economy will grow above trend, inflation will tick lower, and unemployment will remain low through next year.

Federal Reserve Vice Chairman Richard Clarida said the U.S. central bank will defend both sides of its inflation target.

Insurance companies are eager to invest in infrastructure with the right policy support, a new white paper said.

Municipal bond volume fell by almost half in November, underscoring the impact of the tax law.

The Federal Transit Administration has not yet awarded $760 million of the $2.62 billion Congress set aside for transit grants in fiscal 2018 almost two months after the end of the budget year.

Federal Reserve officials, meeting earlier this month, saw another increase in the benchmark lending rate as likely warranted “fairly soon” even while they set the stage for more flexibility in their series of gradual hikes.

Now that the SEC has approved the MSRB's proposal to require MA principals to pass a new exam, a content outline and pilot program are on the horizon.

Bill Merz, a director of fixed income at U.S. Bank Wealth Management, discusses monetary policy, when the Federal Reserve may pause and the yield curve. Gary Siegel hosts.

If Federal Reserve Chairman Jerome Powell meant to walk back a misstatement from last month, he may not have meant to walk it quite this far.