Credit agency Moody’s cuts outlook on US government to negative

Credit agency Moody’s cuts outlook on US government to negative
By: The Guardian Posted On: November 10, 2023 View: 27

Company cites ‘continued political polarization’ and risks to the nation’s fiscal strength as reason for changeThe credit ratings agency Moody’s reduced its outlook on the US government from stable to negative, citing division in Washington DC and risks to the nation’s fiscal strength.While Moody’s maintained the US’s current top-grade AAA rating, it raised the prospect that this may be cut. Continue reading...

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