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Change in tone in U.S. debt talks could prompt rating action before default -Moody's

Published on: Wednesday 24 May 2023

Change in tone in U.S. debt talks could prompt rating action before default -Moody's By Davide Barbuscia NEW YORK (Reuters) - Rating agency Moody's expects the U.S. government will continue to pay its debts on time, but public statements from lawmakers during the debt ceiling negotiations could prompt a change in its assessments of the U.S. credit outlook before a potential default, a senior analyst said. Investors use credit ratings as one of the metrics to establish the risk


News source: https://www.msn.com/en-ca/money/topstories/change-in-tone-in-us-debt-talks-could-prompt-rating-action-before-default-moodys/ar-AA1bDIsY

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