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%

Italia Notizia Notizia

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

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.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

CNN /  🏆 4. in İT
 

Italia Ultime Notizie, Italia Notizie