Tag: Municipal Bond Credit
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Municipal Bond Credit Report: U.S. Jobless Claims Reach Highest Level This Year
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: New applications for unemployment benefits edged higher last week, but still remained near historic lows, suggesting the strong labor market is cooling a bit as the economy slows… Link to Story
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Municipal Bond Credit Report: Once Known as the Land of Hooters and ‘Magic Mike,’ Tampa Has Discovered Its Cool Factor
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Bryan Pascual loves his hometown of Tampa, Fla., visiting often from his current home in Puerto Rico. But the 41-year-old entrepreneur is the first to admit that for much of his life, Tampa was “an A-minus, if you will, or even a B-plus” city with a nondescript downtown and a down-market…
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Municipal Bond Credit Report: Jobs Report Could Keep Fed on Track for 0.75-Point Rate Rise in July
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The strong employment figures released Friday keep the Federal Reserve on track to raise interest rates by 0.75 percentage point at its meeting later this month to cool high inflation… Link to Story
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Municipal Bond Credit Report: U.S. Added 372,000 Jobs in June
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. employers added 372,000 jobs in June, extending a streak of strong labor-market gains as the broader economy showed signs of weakening under the weight of high inflation and rising interest rates… Link to Story
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Municipal Bond Credit Report: Atlanta Fed GDPNow
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.0 percent on June 30, down from 0.3 percent on June 27… Link to Story
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Municipal Bond Credit Report: Detroit cleared for fifth year of independent operations
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Detroit received clearance to operate independent of direct state oversight for a fifth year as it considers asking the federal bankruptcy court to intervene in pension fund actions that will add to its fiscal strains when contributions resume in 2024… Link to Story
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Municipal Bond Credit Report: New Fed Tracker Shows Rising Strains in Corporate Debt
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A new Federal Reserve gauge is showing moderate but rising signs of distress in trading of high-quality corporate bonds, reflecting investor jitters about a slowing economy… Link to Story
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Municipal Bond Credit Report: Inflation Stayed High in May, According to Fed’s Preferred Measure
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Inflation remained elevated in May, measured by the Federal Reserve’s preferred gauge, driven in large part by a jump in energy and food prices… Link to Story
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Municipal Bond Credit Report: Mortgage Rates Drop After Three Weeks of Increases
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Mortgage rates declined this week but remain near multiyear highs, helping make it the least affordable time to purchase a home since before the financial crisis… Link to Story
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Municipal Bond Credit Report: Cooling Consumer Spending Points to Further Economic Slowdown
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. household spending slowed in May as Americans faced historically high inflation and elevated interest rates, raising the prospect that the economy has contracted for a second straight quarter this year… Link to Story