INQUIRER.net: Moody’s lifts US outlook to ‘stable’ from ‘negative’

INQUIRER.net Philippine News for Filipinos

Moody's lifts US outlook to 'stable' from 'negative' Jul 19th 2013, 00:03 WASHINGTON—Ratings firm Moody's raised its outlook on the United States on Thursday to "stable" from "negative," citing the federal government's progress in putting debt on a more sustainable path.   Moody's "today moved the outlook on the Aaa government bond rating of the United States back to stable, replacing the negative outlook that has been in place since August 2011," the company said in a statement.   Moody's also pointed out the top triple-A rating was still warranted on US sovereign debt.   Moody's said the outlook upgrade reflected its view "that the federal government's debt trajectory is on track to meet the criteria laid out in August ... Keep on reading: Moody’s lifts US outlook to ‘stable’ from ‘negative’ Media files: moodys-signage-1024x682.jpg (image/jpeg)

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