Municipal Bond Credit Report: Powell Says Fed Will Consider More-Aggressive Interest-Rate Increases to Reduce Inflation
Municipal Bond Credit Report: Federal Reserve Chairman Jerome Powell said the central bank was prepared to raise interest rates in half-percentage-point steps and high enough to deliberately slow the economy…
Municipal Bond Credit Report: Gas Prices Shoot Up at Fastest Rate on Record
Municipal Bond Credit Report: As summer driving season approaches, average prices for regular gasoline have been at record highs the past two weeks after going up for 11 straight weeks.…
Municipal Bond Credit Report: U.S. Jobless Claims Fall in Tight Labor Market
Municipal Bond Credit Report: New applications for unemployment benefits in the U.S. fell last week to historic lows as employers held on to their workers in the midst of a…
Municipal Bond Credit Report: SEC charges Texas school district and former CFO with fraud
Municipal Bond Credit Report: The Securities and Exchange Commission has charged Crosby Independent School District in Texas and its former chief financial officer Carla Merka with misleading investors in a…
Municipal Bond Credit Report: Two years after COVID emptied offices, New York City faces a hazy future
Municipal Bond Credit Report: News about the “novel coronavirus” was intensifying in March 2020. The World Health Organization declared a pandemic March 11. The NBA and NHL suspended their seasons…
Municipal Bond Credit Report: Corruption’s murky toll on Chicago and Illinois finances
Municipal Bond Credit Report: Political corruption taints the reputations of Chicago and Illinois and may influence decisions by businesses and voters at the polls, but it’s harder to measure the…
Municipal Bond Credit Report: As Plan of Adjustment becomes effective, restructured Puerto Rico debt hits market
Municipal Bond Credit Report: Puerto Rico’s Plan of Adjustment went into effect Tuesday as did the restructuring of $33 billion of bonds, with bondholders and bond insurers beginning to receive…
Municipal Bond Credit Report: Jobless Claims Edge Lower in Tight U.S. Labor Market
Municipal Bond Credit Report: New applications for unemployment benefits edged lower last week, remaining near historically low levels in a robust U.S. labor market… Link to Story
Municipal Bond Credit Report: Fed Raises Interest Rates for First Time Since 2018
Municipal Bond Credit Report: Federal Reserve officials voted Wednesday to lift interest rates and penciled in six more increases by year’s end, the most aggressive pace in more than 15…
Municipal Bond Credit Report: U.S. Existing-Home Sales Fell 7.2% in February
Municipal Bond Credit Report: Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made it difficult for buyers to compete……
