Municipal Bond Credit Report: U.S. Debt Is Set to Exceed Size of the Economy Next Year, a First Since World War II
Municipal Bond Credit Report: U.S. debt has reached its highest level compared to the size of the economy since World War II and is projected to exceed it next year,…
Municipal Bond Credit Report: Jobless Claims Ease, Showing Slowly Improving Labor Market
Municipal Bond Credit Report: The number of people seeking and receiving state unemployment benefits fell at the end of August, signs of a slow improvement in a U.S. labor market…
Municipal Bond Credit Report: Threat of coronavirus-driven mass evictions weighs on economy, budgets
Municipal Bond Credit Report: A threatened wave of evictions poses a growing threat to multifamily housing bonds and an increased strain on urban budgets, experts say… Link to Story
Municipal Bond Credit Report: California fires compound challenges for cities reeling from pandemic
Municipal Bond Credit Report: California wildfires that have scorched 1.5 million acres will compound the challenges for local governments already reeling from the coronavirus pandemic, but Moody’s Investors Service says…
Municipal Bond Credit Report: Early closings due to coronavirus could worsen UConn deficits
Municipal Bond Credit Report: Early campus closures due to any spike in COVID-19 cases during the school year could raise the University of Connecticut’s fiscal 2021 operating deficits to $116…
Municipal Bond Credit Report: Job Seekers, Homebuyers, Stock Investors Are Expected to Benefit From Fed’s New Strategy
Municipal Bond Credit Report: The Federal Reserve’s new strategy means that interest rates are likely to stay exceptionally low for a longer—a boon to people looking for work, buying a…
Municipal Bond Credit Report: Top Fed Official Says New Framework Provides More Humble Approach to Setting Rates
Municipal Bond Credit Report: A top Federal Reserve official said the central bank would resume discussions at its meeting in two weeks over how it could refine its guidance about…
Municipal Bond Credit Report: Chicago Faces a $1.2 Billion Budget Gap for 2021 Due to Coronavirus Pandemic
Municipal Bond Credit Report: Chicago officials projected a record $1.2 billion budget gap for 2021, as the coronavirus pandemic wallops economic activity and increases city expenses… Link to Story
Municipal Bond Credit Report: California Enacts Eviction Moratorium
Municipal Bond Credit Report: California’s legislature passed a bill late Monday granting renters who are financially affected by the Covid-19 pandemic a reprieve from evictions, which were set to resume…
Municipal Bond Credit Report: Counties reconfigure with no end to pandemic in sight
Municipal Bond Credit Report: Counties are slashing budgets and rethinking their long-term goals as anxiety builds on how long the coronavirus pandemic could last… Link to Story
