Municipal Bond Credit Report: Prices Fell in November for the First Time Since 2020. Inflation Is Approaching Fed Target.
Municipal Bond Credit Report: The Federal Reserve is winning its fight over inflation, boosting Americans’ spirits and offering greater reassurance that the U.S. economy can avoid a recession while bringing…
Municipal Bond Credit Report: University of Arizona’s budget woes trigger move for increased oversight
Municipal Bond Credit Report: Fiscal problems at the University of Arizona have led to belt tightening, the resignation of its chief financial officer, and a move to increase financial oversight…
Municipal Bond Credit Report: After almost 16 years, New Castle, Pennsylvania, exits from Act 47
Municipal Bond Credit Report: New Castle, Pennsylvania, has exited from distressed status under the state’s Municipalities Financial Recovery Program, also known as Act 47, the Department of Community and Economic…
Municipal Bond Credit Report: GDP Latest estimate: 2.6 percent
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2023 is 2.6 percent on December 14, up from…
Municipal Bond Credit Report: Movin’ out: New York State residents hit the road during the COVID years
Municipal Bond Credit Report: While Billy Joel wrote those lyrics for Miami 2017 way back in 1975 as New York City sat on a mountain of debt and was nearing…
Municipal Bond Credit Report: Yet another private college in New York is closing
Municipal Bond Credit Report: Another private college in New York is shutting its doors after struggling financially and said it won’t make further interest payments to investors on its municipal…
Municipal Bond Credit Report: Southwest nonprofits eye bankruptcy exits
Municipal Bond Credit Report: A trio of Chapter 11 bankruptcies filed by Southwest nonprofit entities this year in the wake of bond impairments are closer to wrapping up their cases…
Municipal Bond Credit Report: Fed’s Interest Rate Hikes Are Probably Over, but Officials Are Reluctant to Say So
Municipal Bond Credit Report: Federal Reserve officials are increasingly confident that they don’t need to keep raising interest rates to defeat inflation. But they aren’t satisfied enough to declare an…
Municipal Bond Credit Report: Dallas weighs pension recommendations as unfunded liability rises
Municipal Bond Credit Report: Dallas should use actuarially determined contributions for its troubled police and fire retirement system in order to reach full funding by 2055, according to preliminary recommendations…
Municipal Bond Credit Report: Florida’s jobless rate steady in October as its labor force increases
Municipal Bond Credit Report: Florida’s labor force grew by 0.2-percentage points in October while the state’s private-sector employment increased 0.3% and the unemployment rate remained steady, FloridaCommerce reported… Link to…
