• Like
  • Comment
  • Favorite

BRIEF-Moody's Downgrades United States Ratings To AA1 From AAA, Changes Outlook To Stable

Reuters05-17

BRIEF-Moody's Downgrades United States Ratings To AA1 From AAA, Changes Outlook To Stable

May 16 (Reuters) - Moody's:

  • MOODY'S RATINGS DOWNGRADES UNITED STATES RATINGS TO AA1 FROM AAA; CHANGES OUTLOOK TO STABLE

  • MOODY'S: US' LONG-TERM LOCAL- AND FOREIGN-CURRENCY COUNTRY CEILINGS REMAIN AT AAA

  • MOODY'S ON U.S.: DO NOT BELIEVE MATERIAL MULTI-YEAR REDUCTIONS IN MANDATORY SPENDING TO RESULT FROM CURRENT FISCAL PROPOSALS UNDER CONSIDERATION

  • MOODY'S: US' FISCAL PERFORMANCE IS LIKELY TO DETERIORATE RELATIVE TO ITS OWN PAST AND COMPARED TO OTHER HIGHLY-RATED SOVEREIGNS

  • MOODY'S: DO NOT EXPECT THAT US' LONG-TERM GROWTH WILL BE SIGNIFICANTLY AFFECTED BY TARIFFS

  • MOODY'S: RECOGNIZE US' SIGNIFICANT ECONOMIC & FINANCIAL STRENGTHS, BELIEVE THESE NO LONGER FULLY COUNTERBALANCE DECLINE IN FISCAL METRICS

  • MOODY'S: ANTICIPATE US' FEDERAL DEBT BURDEN WILL RISE TO ABOUT 134% OF GDP BY 2035, COMPARED TO 98% IN 2024

Source text: ID:nMDY7LfC8r

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24