Category: Federal Reserve
Morgan Stanley: Fed Likely To Succeed In Spurring U.S. Inflation. Investors Say Municipal Bond Yields Have Risen As A Result.
September 14, 2020 – Morgan Stanley said the Federal Reserve’s recently-announced inflation-targeting framework will likely spur U.S. inflation. The so-called…
Fed Expands Municipal Liquidity Facility (MLF); New York’s MTA Seen As Notable Beneficiary
June 3, 2020 – The Federal Reserve Board announced an expansion in the number and type of entities eligible to…
Wells Fargo Remedial Work To Lift Fed Asset Cap Delayed by COVID-19 Pandemic. Democratic VP Nomination May Further Impact Stock Price.
June 1, 2020 – At the Bernstein Strategic Decisions Virtual Confenrece on Friday, Wells Fargo Charlie Scharf said the bank…
Federal Reserve Releases “Notice of Interest” for Municipal Liquidity Facility Borrowers
May 15, 2020 – The Federal Reserve Bank of New York (“FRNY”) has released a Notice of Interest (NOI) for eligible…
Fed Municipal Liquidity Facility (MLF) Pricing Revealed. Likely To Provide Life Line for COVID19-Impacted Municipalities.
May 11, 2020 – The Federal Reserve released pricing (see schedule below) for its Municipal Liquidity Facility (MLF) program today….
One Year After California Quietly “Un-Banned” Wells Fargo From Muni Underwriting, The Bank Is Under Federal Investigation Again. Charges of Racism Taint Wall Street’s (Once) Favourite Bank.
May 7, 2020 – When making controversial decisions, politicians have learned that the best strategy is stealth. On April 3…
Eager to Avoid PPP Controversies, the Fed Is Requiring Municipal Borrowers To Certify Loss of Market Access
April 27, 2020 – After markets closed, the Federal Reserve announced an expansion of the Municipal Liquidity Facility (MLF). Specifically,…
BREAKING: Federal Reserve Municipal Liquidity Facility (MLF) “FAQ” May Be Published Today
April 24, 2020 – Based on BuyMuni’s broker-dealer sources, the Federal Reserve is believed to be publishing its Frequently Asked…
Fed’s Muni Liquidity Facility May Have Few Takers. “Badly Designed”, Says a Bulge Bracket Public Finance MD.
A portion of the article below was previously published on April 14, 2020. April 17, 2020 – The investor community…
Opinion: Buyer of One – Why The Federal Reserve’s Municipal Liquidity Facility Will Worsen Muniland’s Long-Term Outlook.
April 14, 2020 – The Federal Reserve brought their “bazooka” into #Muniland last week, promising (guidelines are pending) to purchase…
