Municipal Bond Credit Report: U.S. Retail Sales Slow With Holiday Shoppers Facing Inflation, Shortages
Municipal Bond Credit Report: Retail sales rose modestly at the start of the holiday season, as shoppers faced rising inflation and supply shortages, and some snapped up gifts earlier… Link…
Municipal Bond Credit Report: Fed Officials Project Three Rate Rises Next Year and Accelerate Wind Down of Stimulus
Municipal Bond Credit Report: Most Federal Reserve officials signaled Wednesday they were prepared to raise their short-term benchmark rate at least three times next year to cool high inflation… Link…
Municipal Bond Credit Report: Port Authority of NY-NJ gets outlook boost from Moody’s
Municipal Bond Credit Report: The Port Authority of New York and New Jersey received a boost from the capital markets when Moody’s Investors Service changed its outlook to stable from…
Municipal Bond Credit Report: Minnesota budget forecast is now for a record surplus
Municipal Bond Credit Report: Minnesota expects a $7.7 billion surplus in its current two-year budget, a dramatic turnaround from a year ago when red ink driven by the pandemic’s anticipated…
Municipal Bond Credit Report: This Inflation Defies the Old Models
Municipal Bond Credit Report: Last April, economists thought inflation would be around 2.5% right now. Instead, it’s over 6%. Even by the forgiving standards of economic forecasting, that’s a miss…
Municipal Bond Credit Report: U.S. Jobless Claims Fall to Lowest Level in 52 Years
Municipal Bond Credit Report: Worker filings for unemployment benefits hit the lowest level in more than half a century last week as a tight labor market keeps layoffs low… Link…
Municipal Bond Credit Report: Tax Revenues Held Up Even as Economies Crashed During Pandemic
Municipal Bond Credit Report: Government tax revenues in rich countries rose as a share of economic output in 2020, as job losses were concentrated in low-wage employment and high-income jobs…
Municipal Bond Credit Report: Babson College rides upgrades into refunding
Municipal Bond Credit Report: Babson’s conservative approach to debt management has generated rating upgrades from Moody’s Investors Service and S&P Global Ratings… Link to Story
Municipal Bond Credit Report: Private dollars, flexible rules key to infrastructure program’s success
Municipal Bond Credit Report: Private investment and flexible federal rules will be key to ensuring that the new $1.1 trillion infrastructure program perseveres beyond a 10-year horizon, governors said Tuesday…
Municipal Bond Credit Report: Battle over 2013 state pension law may cost California transit billions
Municipal Bond Credit Report: It’s déjà vu all over again for California transit agencies after the U.S. Department of Labor threatened to take away $12 billion in federal grants in…
