Author: Geoff Weitzel
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Municipal Bond Credit Report: U.S. Economy Added 428,000 Jobs in April
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. economy added 428,000 jobs in April, a robust gain suggesting the labor market remains hot despite jittery stock markets and a dimming economic outlook… Link to Story
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Municipal Bond Credit Report: Fed Approves Half-Point Interest Rate Rise, Ratcheting Up Its Inflation Fight
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Federal Reserve approved a rare half-percentage-point interest rate increase and announced plans to shrink its $9 trillion asset portfolio starting next month in a double-barreled effort to reduce inflation that is running at a four-decade high… Link to Story
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Municipal Bond Credit Report: Reedy Creek’s outlook revised to developing from stable by S&P
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: S&P Global Ratings revised the outlook on the Reedy Creek Improvement District to developing from stable due to the uncertainty as to what will happen next in the economic/political saga playing out in Florida… Link to Story
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Municipal Bond Credit Report: Illinois upgrade brings rating lift for five public universities
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: One of Illinois’ public universities climbed out of junk while three others inched closer to investment grade territory as Moody’s Investors Service handed out upgrades on the back of the state’s recent positive rating momentum… Link to Story
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Municipal Bond Credit Report: Decision coming on challenge to Illinois pension fund consolidation
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The state judge overseeing the constitutional challenge of Illinois’ effort to consolidate suburban Chicago and downstate police pension fund assets will render a decision May 20… Link to Story
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Municipal Bond Credit Report: U.S. Consumers Boosted Spending in March
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Consumers spent more in March, showing American households are absorbing high inflation and are positioned to propel the economy heading into the spring and summer… Link to Story
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Municipal Bond Credit Report: Inflation Rises to Four-Decade High, According to the Fed’s Preferred Measure
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Inflation accelerated in March to its fastest pace since 1982, measured by the Federal Reserve’s preferred gauge, as the Ukraine war pushed up energy prices and supply problems and strong U.S. consumer demand persisted… Link to Story
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Municipal Bond Credit Report: Fitch puts Reedy Creek on negative watch after Florida lawmakers OK dissolution
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Fitch Ratings on Friday placed the Reedy Creek Improvement District’s utility and ad valorem ratings on negative watch after lawmakers approved legislation to dissolve the district after Disney publicly opposed another law that bans sexual orientation or gender identity instruction in public schools in the state… Link to Story
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Municipal Bond Credit Report: Future of business travel remains an unknown for airport sector
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: While the pent-up demand from domestic leisure travelers has enlivened the airline sector, the post-pandemic shape of business travel is not entirely clear… Link to Story
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Municipal Bond Credit Report: Illinois reaps Moody’s upgrade following passage of 2023 budget
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Moody’s Investors Service raised Illinois’ general obligation rating one notch Thursday, the state’s first rating reward after passing a budget directing several billion dollars of surplus revenues to chip away at chronic fiscal sore spots… Link to Story