Tag: Municipal Bond Credit
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Municipal Bond Credit Report: Americans Skip Millions of Loan Payments as Coronavirus Takes Economic Toll
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Americans have skipped payments on more than 100 million student loans, auto loans and other forms of debt since the coronavirus hit the U.S., the latest sign of the toll the pandemic is taking on people’s finances… Link to Story
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Municipal Bond Credit Report: How Exactly Do You Catch Covid-19? There Is a Growing Consensus
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Six months into the coronavirus crisis, there’s a growing consensus about a central question: How do people become infected?.. Link to Story
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Municipal Bond Credit Report: Revenue losses coming into focus for cities, states, transit systems
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: State and local governments that rely on sales tax to maintain services are beginning to get a clearer picture of how deeply they must cut after the two worst months of revenue losses in 2020… Link to Story
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Municipal Bond Credit Report: U.S. Retail Sales Rose Record 18% in May
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Renewed shopping drove a record 17.7% increase in retail sales in May, though total spending remained below levels before coronavirus… Link to Story
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Municipal Bond Credit Report: The Data Are In: It’s Time for Major Reopening
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Early in the Covid-19 pandemic, an influential economic analysis from the University of Chicago concluded that the likely benefits of moderate social distancing would greatly exceed the resultant costs. The New York Times and the Washington Post recently cited that study as evidence that the use of strict lockdowns to control…
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Municipal Bond Credit Report: Fed Outlines Proposal to Lend Money to Nonprofits
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Federal Reserve outlined a proposal Monday to include nonprofit organizations in its previously introduced $600 billion lending program for small and midsize businesses disrupted by the coronavirus pandemic… Link to Story
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Municipal Bond Credit Report: Fed Will Amass Corporate Bond Portfolio Using Index Approach
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Federal Reserve on Monday spelled out in greater detail how it will execute a previously announced program to purchase bonds of U.S. companies that were highly rated as of mid-March… Link to Story
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Municipal Bond Credit Report: Powell Says Despite Signs of Stabilization, Risks of Long-Term Economic Damage Are Significant
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Federal Reserve Chairman Jerome Powell said the economy faces significant long-term damage from higher unemployment and a wave of small business failures due to the coronavirus pandemic, despite recent signs of improvement… Link to Story
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Municipal Bond Credit Report: Dallas Fed’s Kaplan Says Rebound Likely in Second Half
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Federal Reserve Bank of Dallas President Robert Kaplan said Monday he believes the U.S. economy can recover over the second half of the year, but the pace of that recovery will be in part determined by how disciplined people are in following measures to prevent the spread of the coronavirus… Link…
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Municipal Bond Credit Report: The Fed says it is going to start buying individual corporate bonds
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Federal Reserve is expanding its foray into corporate credit to now buy individual corporate bonds, on top of the exchange-traded funds it already is purchasing, the central bank announced Monday… Link to Story