Moody’s dims cred­it out­look for U.S fed­er­al gov­ern­ment

(The Cen­ter Square) – The last of the Big Three cred­it-rat­ing agen­cies to keep the fed­er­al gov­ern­men­t’s cred­it at AAA has put law­mak­ers on notice.
Moody’s Investors Ser­vice gave the fed­er­al gov­ern­ment a neg­a­tive out­look cit­ing large deficits, high inter­est rates and wan­ing polit­i­cal inter­est in address­ing the nation’s deficit.
“The key dri­ver of the out­look change to neg­a­tive is Moody’s assess­ment that the down­side risks to the US’ fis­cal strength have increased and may no longer be ful­ly off­set by the sov­er­eign’s unique cred­it strengths,” the authors wrote of the deci­sion. “In the con­text of high­er inter­est rates, with­out effec­tive fis­cal pol­i­cy mea­sures to re …