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0.000198979965859284 -0.000157089446730945 -0.000157089446730945 -0.00101584508886029 -1.0472629782055E-05 -0.00204216280750252 -0.00146616816948902 -0.00291139107941392
Stock impact report

US fiscal profile set to weaken under next administration, Moody's says [Yahoo! Finance]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
as political polarization makes it hard for any new presidential administration to negotiate steps needed to reduce the national debt burden, according to ratings agency Moody's. The U.S. sovereign fiscal profile is likely to weaken under either of the candidates in the Nov. 5 presidential election - Democrat Kamala Harris and Republican Donald Trump, the agency said in a report issued on Tuesday. "The incoming administration will face a deteriorating U.S. fiscal outlook, as declining debt affordability will gradually weaken U.S. fiscal strength," the report stated. "In the absence of policy measures that can curb these trends and help limit fiscal deficits, deteriorating fiscal strength will increasingly weigh on the U.S. sovereign credit profile." Moody's lowered the outlook on its triple-A U.S. credit rating to "negative" from "stable" in November 2023. That came months after a rating downgrade of the sovereign credit profile by another ratings agency, Fitch, following poli Show less Read more
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