Main reasons why Moody’s Investor Service lowers rating outlook to Aaa:
Risk of decline in financial strength, especially political polarization preventing fiscal agreements.
Projected budget deficit remains very high.
MARKET KNOWLEDGE
Market 11/13: Concerns over public debt return after Moody's downgrades US credit rating
Americans continue to deplete retirement savings for consumption. UK on the brink of recession, while US-China efforts to ease geopolitical tensions.
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