Credit ratings agencies like Moody's decide the US credit rating. Here's what you need to know about them | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 95%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Credit rating agencies are once again in the spotlight amid the ongoing high-stakes debt ceiling negotiations in Washington. Here's what to know about them.

Credit rating agencies are once again in the spotlight amid the ongoing high-stakes debt ceiling negotiations in Washington. As Democratic and Republican lawmakers remain deadlocked and the approaching “X-date” looms when the US Treasury’s funds run dry, there is an increasing risk of a downgrade to the United States’ debt rating.

He said only countries that are “extremely likely” to honor their obligations get a triple-A rating. “Their opinions are taken very seriously by financial markets,” White said of the big three agencies. Entities with lower ratings generally must pay higher interest rates when borrowing money.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 4. in CO

Colombia Últimas Noticias, Colombia Titulares