Moody’s: Government shutdown could hurt America’s top credit rating

Image caption: Potential government shutdown could further strain U.S. consumers, businesses. Source: CNN. Article by Alicia Wallace. CNN: Business – September 25, 2023.

Minneapolis {CNN) — The United States’ credit rating could come under pressure if the government shuts down, Moody’s Investors Service cautioned Monday. A shutdown would be “credit negative” for the US sovereign, according to a Moody’s note. “While government debt service payments would not be impacted and a short-lived shutdown would be unlikely to disrupt the economy, it […]

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