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…
Municipal Bond Credit Report: Russia-Ukraine War Risks Putting Fed in Bigger Bind
Municipal Bond Credit Report: The war in Ukraine isn’t likely to prevent the Federal Reserve from raising interest rates next month, but any worsening of inflation pressures could force the…
Municipal Bond Credit Report: Home-Price Growth Hit Record in 2021
Municipal Bond Credit Report: Home-price growth surged to a record in 2021, as low mortgage-interest rates prompted buyers to compete fiercely for a limited number of homes for sale… Link…
Municipal Bond Credit Report: Inflation Threatens to Erode Impact of $1 Trillion Infrastructure Law
Municipal Bond Credit Report: Rising prices and snarled supply chains are poised to blunt the impact of the $1 trillion infrastructure law Congress passed with bipartisan support last year… Link…
Municipal Bond Credit Report: U.S. Jobless Claims Fall Amid Tight Labor Market
Municipal Bond Credit Report: New applications for unemployment benefits edged lower last week, remaining near historically low levels, reflecting a tight labor market as Covid-19 cases continued to decline… Link…
Municipal Bond Credit Report: Russian Invasion Scrambles Prospects for Global Economy
Municipal Bond Credit Report: Russia’s invasion of Ukraine heaped fresh risks on a global economy struggling with soaring inflation, supply-chain snarls and a rocky recovery from the pandemic… Link to…
Municipal Bond Credit Report: Oil-Price Surge Threatens U.S. Growth
Municipal Bond Credit Report: For a brief period in the 2010s, high oil prices meant good news for the U.S. economy. Now, they are once again a threat to growth……
