The Latest

• Puerto Rico Oversight Board plan sees biggest budget surplus

  

  The latest turnaround plan projects a surplus of $6.7 billion over the next six years before debt payments, about $400 million more than Gov. Ricardo Rossello estimated earlier this month.

  PROMESA April 18

  PROMESA April 18

• It's back to school as education deals from Conn., Ohio hit the market

  

  Deals from Connecticut and Ohio issuers arrived as some buyside participants complained of low volume and inactivity in the muni market.

  Primary bond market Chip Barnett April 18

  Primary bond market Chip Barnett April 18

• Jobs, inflation will determine if policy needs to become restrictive, Dudley says

  

  Inflation and the unemployment rate will determine if monetary policy will need to become restrictive in the coming years, Federal Reserve Bank of New York President William Dudley said Wednesday.

  Monetary policy Gary Siegel April 18

  Monetary policy Gary Siegel April 18

• Tax growth lifts rating outlook of Paterson, N.J.

  

  New Jersey's third-most-populous city retains a junk Ba1 underling rating, but Moody's boosted its outlook to stable.

  Ratings Andrew Coen April 18

  Ratings Andrew Coen April 18

• Fed says tariff concerns cloud otherwise solid growth outlook

  

  New tariffs and concerns over widening trade disputes cast a shadow over the Federal Reserve’s most recent survey of U.S. businesses even as all 12 regions reported continued robust job growth with few signs of overheating.

  Monetary policy April 18

  Monetary policy April 18

• CalPERS changes spur California city to plan pension obligation bond deal

  

  La Verne, California expects to price the bonds before the end of June.

  Public pensions Imran Ghori April 18

  Public pensions Imran Ghori April 18

• UConn, Ohio HEFC deals head to market

  

  Two big education deals are slated to hit the market on Wednesday, with deals coming from issuers in Connecticut and Ohio.

  Primary bond market Chip Barnett April 18

  Primary bond market Chip Barnett April 18