Second Wall Street agency upgrades Illinois financial outlook to stable, citing federal aid, performance during pandemic – Chicago Tribune0
- SPORTS
- March 26, 2021
Illinois’ credit remains one notch above junk bond status, but better-than-expected performance during the pandemic and billions of dollars in federal aid have led one Wall Street ratings agency to improve its outlook for the state’s finances to “stable” from “negative.” The change in outlook means Moody’s Investors Service believes Illinois has the wherewithal to
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