RT
November 12, 2023
As the closing bell rang on Friday, triggering the usual exodus of bankers and traders to their watering holes, a bombshell dropped: Moody’s Investors Service has shifted its outlook on the Government of the United States from stable to negative, citing heightened risks to fiscal strength.
This adjustment comes amid the looming threat of a government shutdown, with funding secured until November 17, and newly elected House Speaker Mike Johnson revealing a Republican government funding plan.