U.S. Debt Rating: Economists Wait to Hear From S&P

Now that President Obama has signed the debt ceiling deal and averted a default, economists are waiting to see if ratings agency Standard and Poor's will downgrade the nation's credit rating. The uncertainty surrounding the US's now-perfect AAA rating has also thrust the three major ratings agencies into the spotlight, raising questions about the significance and boundaries of their credit assessments. Moody's Investors Service on Tuesday evening affirmed its AAA U.S. government bond...Full Story
Commenting on this article is closed.