Wednesday October 21, 2020

"Very low" chance of US default, says Moody's

Credit rating agency Moody’s said it sees a “very low” chance the US will default on its debt payments as a stalemate between President Barack Obama and House Republicans showed little sign of thawing.

7th October, 2013
US Speaker John Boehner.

Credit rating agency Moody’s said it sees a “very low” chance the US will default on its debt payments as a stalemate between President Barack Obama and House Republicans showed little sign of thawing.

The impact of the partial government shutdown on the economy may not be particularly damaging in the short term, and the effect would be seen gradually over time if it was an extended one, chief executive Ray...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 9 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago