Municipal Bond Credit Report: Fed Approves Half-Point Interest Rate Rise, Ratcheting Up Its Inflation Fight
Municipal Bond Credit Report: The Federal Reserve approved a rare half-percentage-point interest rate increase and announced plans to shrink its $9 trillion asset portfolio starting next month in a double-barreled…
Municipal Bond Credit Report: Reedy Creek’s outlook revised to developing from stable by S&P
Municipal Bond Credit Report: S&P Global Ratings revised the outlook on the Reedy Creek Improvement District to developing from stable due to the uncertainty as to what will happen next…
Municipal Bond Credit Report: Illinois upgrade brings rating lift for five public universities
Municipal Bond Credit Report: One of Illinois’ public universities climbed out of junk while three others inched closer to investment grade territory as Moody’s Investors Service handed out upgrades on…
Municipal Bond Credit Report: Decision coming on challenge to Illinois pension fund consolidation
Municipal Bond Credit Report: The state judge overseeing the constitutional challenge of Illinois’ effort to consolidate suburban Chicago and downstate police pension fund assets will render a decision May 20……
Municipal Bond Credit Report: U.S. Consumers Boosted Spending in March
Municipal Bond Credit Report: Consumers spent more in March, showing American households are absorbing high inflation and are positioned to propel the economy heading into the spring and summer… Link…
Municipal Bond Credit Report: Inflation Rises to Four-Decade High, According to the Fed’s Preferred Measure
Municipal Bond Credit Report: Inflation accelerated in March to its fastest pace since 1982, measured by the Federal Reserve’s preferred gauge, as the Ukraine war pushed up energy prices and…
Municipal Bond Credit Report: Fitch puts Reedy Creek on negative watch after Florida lawmakers OK dissolution
Municipal Bond Credit Report: Fitch Ratings on Friday placed the Reedy Creek Improvement District’s utility and ad valorem ratings on negative watch after lawmakers approved legislation to dissolve the district…
Municipal Bond Credit Report: Future of business travel remains an unknown for airport sector
Municipal Bond Credit Report: While the pent-up demand from domestic leisure travelers has enlivened the airline sector, the post-pandemic shape of business travel is not entirely clear… Link to Story
Municipal Bond Credit Report: Illinois reaps Moody’s upgrade following passage of 2023 budget
Municipal Bond Credit Report: Moody’s Investors Service raised Illinois’ general obligation rating one notch Thursday, the state’s first rating reward after passing a budget directing several billion dollars of surplus…
Municipal Bond Credit Report: U.S. Home Prices Hit a Record of $375,300 in March
Municipal Bond Credit Report: U.S. home prices soared to a new record in March while mortgage rates continued to rise rapidly, slowing home sales in what has been the hottest…
