US credit rating outlook lowered to 'negative' by Moody's as shutdown looms

  • by:
  • Source: Fox News
  • 11/10/2023

The U.S. credit rating outlook was lowered from "stable" to "negative" this week by Moody's Investors Services as another government shutdown looms. 

"Continued political polarization within U.S. Congress raises the risk that successive governments will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability," Moody's said in a statement.

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Source: Fox News

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