Moody's US downgrade deepens investor fears over rising fiscal risks

Q: How long will it take to read this news story?

The story "Moody&#039;s US downgrade deepens investor fears over rising fiscal risks" has 1029 words across 32 sentences, which will take approximately 5 - 9 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Moody&#039;s US downgrade deepens investor fears over rising fiscal risks" was covered 15 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 125 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28773339</li><li>URL: https://tessjds.beamstart.com/news/moodys-us-downgrade-deepens-investor-1747547135289</li></ul>

Business Standard Logo Business Standard 15h ago

Moody's US downgrade deepens investor fears over rising fiscal risks - Business Standard

Quick Summary:

Moody's said on Friday successive administrations have failed to reverse the trend of higher fiscal deficits and interest costs, and it did not believe that material reductions in deficits will result from fiscal proposals under consideration.

The ratings agency cut America's pristine sovereign credit rating by one notch on Friday, the last of the major ratings agencies to downgrade the country, citing concerns about the nation's growing $36 trillion debt pile.

A politically viable fiscal package will likely lead to wider deficits in the near term, and at the same time it won't provide a meaningful fiscal boost to the economy, said Michael Zezas, a strategist at Morgan Stanley, in a note published last week.