Municipal Bond Credit Report: Federal Reserve Raises Interest Rates to 22-Year High
Municipal Bond Credit Report: The Federal Reserve resumed lifting interest rates Wednesday with a quarter-percentage-point increase that will bring them to a 22-year high… Link to Story
Municipal Bond Credit Report: U.S. Economic Growth Accelerates, Defying Slowdown Expectations
Municipal Bond Credit Report: The U.S. economy picked up last quarter and remained well clear of a recession despite the Federal Reserve pushing interest rates higher… Link to Story
Municipal Bond Credit Report: Latest estimate: 2.4 percent — July 26, 2023
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2023 is 2.4 percent on July 26, unchanged from…
Municipal Bond Credit Report: Settlement reached on bankrupt Texas senior living community’s bonds
Municipal Bond Credit Report: Owners of some defaulted revenue bonds issued in 2018 for a senior living community in Plano, Texas, reached a binding settlement with the project’s bankrupt owner…
Municipal Bond Credit Report: Milwaukee wins new sales tax for pensions, public safety
Municipal Bond Credit Report: Milwaukee Mayor Cavalier Johnson Friday signed into law a 2% municipal sales tax rate, marking the end of a long-fought battle to shore up the city’s…
Municipal Bond Credit Report: Harvey, Illinois, launches GO exchange offer on defaulted debt
Municipal Bond Credit Report: Harvey, Illinois, is targeting an August settlement date in its long-planned tender exchange offer on its defaulted general obligation bonds… Link to Story
Municipal Bond Credit Report: Graceland project woes continue as borrowers miss another debt payment
Municipal Bond Credit Report: Borrowers for a revitalization project for Graceland Mansion, the fabled former home and resting place of Elvis Presley, missed another debt service payment at the beginning…
Municipal Bond Credit Report: Inflation Eased to 3% in June, Slowest Pace in More Than Two Years
Municipal Bond Credit Report: Inflation cooled last month to its slowest pace in more than two years, giving Americans relief from a painful period of rising prices and boosting the…
Municipal Bond Credit Report: Illinois hits reserve and cash high points as it closes the books on fiscal 2023
Municipal Bond Credit Report: Illinois headed into the new fiscal year with fresh deposits to its rainy-day and pension stabilization funds, a low bill balance, and $1 billion in available…
Municipal Bond Credit Report: New York State pension fund posts negative returns for fiscal 2023
Municipal Bond Credit Report: New York State Common Retirement Fund’s investment return was negative 4.14% for the state’s fiscal year that ended March 31, said state Comptroller Thomas DiNapoli. The…
