Washington

In her first remarks as a monetary policy maker, Federal Reserve Bank of San Francisco President Mary Daly said that she favors continued gradual interest-rate increases as the labor market overshoots full employment and inflation comes in near-goal.

In their pleading, banks said the plaintiff is "precisely the sort of 'busybody' " that is prohibited from making such claims.

The committee tasked with providing insight on the muni and corporate bond markets is meeting again in two weeks.

Janet Yellen cautioned that Donald Trump’s criticism of Federal Reserve policy threatens the institution she ran for four years, adding that it’s “not a desirable thing for a president to comment so explicitly on Fed policy.”

Agencies across the country said the case filed by a Florida utility could expose them to "unprecedented" federal oversight of public power contracts.

Recently announced streamlining and rumored budget cuts and layoffs at SIFMA are causing market participants to worry about its commitment to municipal securities.

John Taylor, once considered a finalist to run the Federal Reserve, played down concerns that President Donald Trump’s criticism of the U.S. central bank would undermine the institution’s independence.

This month’s bond-market slump hasn’t jolted the majority of Wall Street strategists from one core view: that the Treasuries yield curve will keep flattening well into next year.

County Executive Steven Bellone of Suffolk County, N.Y. is among those who have asked to speak at a Nov. 5 public hearing.

Groups active in the muni market are spending millions of dollars to influence policy and elect candidates, records show.