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Tuesday, September 11, 2012

Moody’s Text: To Downgrade US If No Deal To Cut Debt/GDP Ratio | ForexLive

Moody’s Text: To Downgrade US If No Deal To Cut Debt/GDP Ratio | ForexLive: "Budget negotiations during the 2013 Congressional legislative
session will likely determine the direction of the US government’s Aaa
rating and negative outlook, says Moody’s Investors Service in the
report “Update of the Outlook for the US Government Debt Rating.”
If those negotiations lead to specific policies that produce a
stabilization and then downward trend in the ratio of federal debt to
GDP over the medium term, the rating will likely be affirmed and the
outlook returned to stable, says Moody’s."

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