Illinois’ credit outlook upgraded to ‘positive’

SPRINGFIELD – Fitch Ratings, one of three credit rating agencies that grade Illinois bonds, has upgraded its credit outlook for the state from “negative” to “positive.” Although the state’s overall rating remains at near-junk status at BBB-, the agency said the state’s economic outlook coming out of the pandemic, combined with the recently-enacted budget, are … Continue reading Illinois’ credit outlook upgraded to ‘positive’