Moody’s Changes Outlook To Negative
Posted on 11/13/2023
Moody’s Investors Service says the outlook for U.S. debt is now negative. A possible downgrade could follow the announcement, in the footsteps of Fitch and S&P. Moody’s said: “In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues, Moody’s expects that the US’ fiscal deficits will…