Federal Reserve

Municipal bond yields climbed this past week, as a steady jobs report fed expectations that the Federal Reserve will raise interest rates later this year.

Municipal bond yields climbed this past week, as a steady jobs report fed expectations that the Federal Reserve will raise interest rates later this year.

Friday's jobs number was close to an ideal "Goldilocks" reading that showed the economy motoring ahead but not too fast to pose risks, Federal Reserve vice chair Stanley Fischer said on Friday.

Friday's jobs number was close to an ideal "Goldilocks" reading that showed the economy motoring ahead but not too fast to pose risks, Federal Reserve vice chair Stanley Fischer said on Friday.

The U.S. economy added 156,000 net new jobs last month, fewer than Wall Street expectations for a gain of 175,000, according to data released Friday morning by the Labor Department.

The U.S. economy added 156,000 net new jobs last month, fewer than Wall Street expectations for a gain of 175,000, according to data released Friday morning by the Labor Department.

U.S. employers are thought to have added a solid number of jobs in September and the unemployment rate is forecast to stay low — a result that could keep the Federal Reserve on pace to raise interest rates by December.

U.S. employers are thought to have added a solid number of jobs in September and the unemployment rate is forecast to stay low — a result that could keep the Federal Reserve on pace to raise interest rates by December.

India's central bank has cut its key interest rate by a quarter of a percentage point, taking rates to the lowest they have been since late 2010.

India's central bank has cut its key interest rate by a quarter of a percentage point, taking rates to the lowest they have been since late 2010.

Richmond Federal Reserve President Jeffrey Lacker on Tuesday said there was a strong case for raising interest rates, arguing that borrowing costs might need to rise significantly to keep inflation under control.

Richmond Federal Reserve President Jeffrey Lacker on Tuesday said there was a strong case for raising interest rates, arguing that borrowing costs might need to rise significantly to keep inflation under control.

Despite a host of global economic challenges through the course of 2016, in the third quarter U.S. equity markets once again proved their resilience as the major averages capped the thee-month period higher.

Despite a host of global economic challenges through the course of 2016, in the third quarter U.S. equity markets once again proved their resilience as the major averages capped the thee-month period higher.

Former Philadelphia Federal Reserve President Charles Plosser has joined a growing chorus calling for the U.S. central bank to raise short-term interest rates.

Former Philadelphia Federal Reserve President Charles Plosser has joined a growing chorus calling for the U.S. central bank to raise short-term interest rates.

Finally, OPEC reaches an agreement -After a six-hour gathering in Algiers, OPEC members say they have reached an agreement on the need to cut crude output in order to reduce the global supply excess.

Finally, OPEC reaches an agreement -After a six-hour gathering in Algiers, OPEC members say they have reached an agreement on the need to cut crude output in order to reduce the global supply excess.

A top U.S. Federal Reserve official said on Thursday he supported the U.S. central bank's decision to leave interest rates unchanged until there was more evidence the economy is approaching the Fed's goal of full employment and 2 percent inflation.

A top U.S. Federal Reserve official said on Thursday he supported the U.S. central bank's decision to leave interest rates unchanged until there was more evidence the economy is approaching the Fed's goal of full employment and 2 percent inflation.