Municipal Bond Credit Report: Inflation Reached 7.9% in February; Consumer Prices Are the Highest in 40 Years
Municipal Bond Credit Report: Rising energy, food and services prices pushed already elevated U.S. inflation to a 7.9% annual rate last month—another four-decade high—with oil and commodity market disruptions from…
Municipal Bond Credit Report: War in Ukraine Fans the Flames of Global Inflation
Municipal Bond Credit Report: From the Russian Revolution to Vietnam, war has been a reliable precursor to inflation. History may be about to repeat as Russia’s invasion of Ukraine tilts…
Municipal Bond Credit Report: Moody’s upgrades New Jersey GOs to A2
Municipal Bond Credit Report: Moody’s Investors Service upgraded New Jersey to A2 from A3 Wednesday… Link to Story
Municipal Bond Credit Report: Chicago Public Schools inches closer to investment grade
Municipal Bond Credit Report: Chicago Public Schools drew an upgrade from Moody’s Investors Service Thursday as a flood of federal relief and rising state aid levels have buoyed the district’s…
Municipal Bond Credit Report: February Jobs Report Keeps Fed on Track to Lift Rates
Municipal Bond Credit Report: The February jobs report is likely to do little to alter the Federal Reserve’s plans to raise interest rates in two weeks, but a continued run…
Municipal Bond Credit Report: February Hiring Strongest Since Summer; Unemployment Falls to Pandemic Low
Municipal Bond Credit Report: The U.S. economy posted the strongest job growth in seven months in February and the unemployment rate fell to the lowest level since the pandemic, signs…
Municipal Bond Credit Report: Stadium agency’s looming hotel tax shortfall puts Chicago on the spot
Municipal Bond Credit Report: The Illinois Sports Facilities Authority projects a nearly $30 million shortfall in hotel tax revenues needed to repay a state advance for debt service on Soldier…
Municipal Bond Credit Report: Managers of local Illinois police pension consolidation seek delay amid litigation
Municipal Bond Credit Report: The new Illinois fund set up to manage the assets of suburban Chicago and downstate police pension funds would get an extra year to complete the…
Municipal Bond Credit Report: Inflation Raises Expenses for Pension Funds
Municipal Bond Credit Report: Rising inflation is driving up expenses for many large U.S. pension funds that have promised retirees cost-of-living raises… Link to Story
Municipal Bond Credit Report: Fed’s Preferred Inflation Measure Reaches Fastest Pace Since 1983
Municipal Bond Credit Report: The Federal Reserve’s preferred measure of inflation hit a new 38-year high in January, as strong consumer demand and pandemic-related supply constraints propelled price gains… Link…
