Tag: Municipal Bond Credit
-
Municipal Bond Credit Report: Biden Administration Officials Put Together $3 Trillion Economic Plan
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Administration officials are crafting a plan for a multipart infrastructure and economic package that could cost as much as $3 trillion and fulfill key elements of President Biden’s campaign agenda, according to people involved in the discussions… Link to Story
-
Municipal Bond Credit Report: Federal Reserve to End Emergency Capital Relief for Big Banks
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Federal Reserve said Friday it would allow a yearlong reprieve for the way big banks account for ultrasafe assets such as Treasury securities to expire as scheduled at the end of the month, a loss for Wall Street firms that had pressed for an extension to the relief… Link to…
-
Municipal Bond Credit Report: Virginia’s unemployment rate falls to 5.3% in January
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Virginia’s unemployment rate dropped 0.3% to 5.3% in January, but remained 2.8% higher than January 2020, Gov. Ralph Northam said Monday… Link to Story
-
Municipal Bond Credit Report: Chicago’s largest pension fund presses city to contribute more, and sooner
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The frail condition of Chicago’s largest pension fund and the flawed funding mechanisms that are to blame took center stage last week in a debate over state legislation that would hike city contributions by $800 million… Link to Story
-
Municipal Bond Credit Report: Fed Holds Steady on Interest Rates, Bond Purchases
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Federal Reserve kept its easy-money policies in place and vowed to maintain them until the U.S. economy recovers further from the effects of the coronavirus pandemic, while officials also highlighted an improved outlook for growth… Link to Story
-
Municipal Bond Credit Report: Retail Sales, Manufacturing Slip Ahead of Expected Spring Rebound
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. retailers and manufacturers slumped in February due to winter storms and supply-chain disruptions, but a broader economic rebound appears poised to accelerate this spring because of the easing pandemic and another round of government stimulus… Link to Story
-
Municipal Bond Credit Report: Why Covid-19 Aid, Inflation Fears Hold the Key to the Dollar’s Future
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S.’s economic prospects look brighter than those of many other countries—and that has driven an unexpected dollar rally this year… Link to Story
-
Municipal Bond Credit Report: U.S. Unemployment Claims Rose to 770,000 Last Week
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Worker filings for jobless benefits rose last week, pausing a downward trend amid other signs of recent labor-market improvement… Link to Story
-
Municipal Bond Credit Report: Chicago Public Schools rating and bonds get federal aid bounce
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Chicago Public Schools stands to reap about $1.8 billion in new federal COVID-19 pandemic-related aid, an infusion of funding rewarded by one rating agency and municipal bond investors… Link to Story
-
Municipal Bond Credit Report: White House Weighs How to Pay for Long-Term Economic Program
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Biden administration is looking past its $1.9 trillion coronavirus relief bill and starting to consider how to pay for the next round of programs meant to bolster long-term economic growth with investments in infrastructure, clean energy and education… Link to Story