Moody's changes outlook on United States' ratings to 'negative'

A man is seen silhouetted wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walking near the financial district of New York City, U.S., October 18, 2021. REUTERS/Shannon Stapleton/File Photo Acquire Licensing Rights Nov 10 (Reuters) – Moody’s on Friday changed the outlook on the government of United States of America’s ratings to “negative” from “stable”.

The rating agency said it expects United States’ fiscal deficits will remain very large, significantly weakening debt affordability.

Moody’s affirmed the long-term issuer and senior unsecured ratings at “Aaa”.Reporting by Richard Rohan Francis in Bengaluru; Editing by Shilpi Majumdar and Shounak Dasgupta

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