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.
" KEVIN O'LEARY SOUNDS ALARM ON DOWNGRADED US CREDIT RATING: ‘NO WAY TO SUGARCOAT THIS…IT’S BAD' Republicans in the House are expected to try to avoid a shutdown by releasing a temporary spending measure Saturday, as newly elected House Speaker Mike Johnson continues to negotiate with members before federal funding runs out next Friday.
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Moody’s cuts outlook on U.S. credit rating to negative from stableWilliam Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C.
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Moody's changes US credit rating outlook to 'negative' over deficits and polarizationJack Birle is a breaking news reporter for the Washington Examiner. A 2022 graduate of Villanova University with majors in communication and political science, he has previous journalism experience with the Center Square and as a fellow with the National Journalism Center. He was born in Pennsylvania and grew up in Southern California.
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Moody's Cuts Outlook on U.S. Credit RatingThe ratings firm maintained its top rating, for now. S&P and Fitch previoulsy downgraded U.S. credit to AA+.
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