Municipal Bond Credit Report: Fed Officials Could Pencil In Earlier Rate Increase at Meeting
Municipal Bond Credit Report: Federal Reserve officials could signal this week that they anticipate raising interest rates sooner than previously expected following a spate of high inflation readings… Link to…
Municipal Bond Credit Report: Chicago Park District pension revamp takes fund off road to insolvency
Municipal Bond Credit Report: The Chicago Park District pension funding overhaul approved by lawmakers moves the fund off a path to insolvency to a full funding target in 35 years,…
Municipal Bond Credit Report: Commodity Price Surges Add to Inflation Fears
Municipal Bond Credit Report: The run-up in commodity prices is casting a cloud over the global economic recovery, slamming vulnerable businesses and households and adding to fears that inflation could…
Municipal Bond Credit Report: U.S. Job Openings Reached Record Level This Spring
Municipal Bond Credit Report: Available jobs in the U.S. climbed further above pre-pandemic levels last month following a record surge earlier in the spring, a sign of strong demand for…
Municipal Bond Credit Report: Kentucky’s pension funding ratios weak despite improvements
Municipal Bond Credit Report: Kentucky has taken action to shore up its pension system, but it’s going to take time to reverse the adverse effects of past funding shortfalls, according…
Municipal Bond Credit Report: Illinois Sports Facilities Authority debt restructuring spares Chicago budget
Municipal Bond Credit Report: The Illinois Sports Facilities Authority will push off repayment of about $20 million of debt to free Chicago from the burden of covering a COVID-19-induced shortfall…
Municipal Bond Credit Report: Jobless Claims Drop to Another Pandemic Low
Municipal Bond Credit Report: Worker filings for initial jobless claims have dropped by 35% since late April, adding to signs of a healing labor market as the U.S. economy ramps…
Municipal Bond Credit Report: U.S. Employers Added 559,000 Jobs in May
Municipal Bond Credit Report: Hiring in the U.S. picked up in May, signaling a moderate improvement in the labor market’s recovery from the pandemic as businesses struggled to fill job…
Municipal Bond Credit Report: Texas Senate OKs use of rainy day fund to support grid operator
Municipal Bond Credit Report: The Texas Senate authorized the use of the state’s rainy day fund to cover $2.1 billion of electric costs incurred after its power transmission system failed…
Municipal Bond Credit Report: San Antonio faces debt service shortfall on convention hotel bonds
Municipal Bond Credit Report: Revenues supporting San Antonio’s $173 million of Convention Center Hotel Finance Corp. bonds are expected to fall short of debt service on July 15… Link to…
