U.S. shutdown seen a threat to economy, not rating - Moody's


  • World
  • Monday, 22 Jan 2018

NEW YORK (Reuters) - The U.S. government shutdown that began on Saturday is disruptive to the economy, but poses no immediate threat to its top notch Aaa rating as long as it makes its debt payments on time, Moody's Investors Service said on Monday.

The federal shutdown, the first since 2013, would make it likely that the issue of raising the statutory borrowing limit will become part of the next round of budget negotiations in Washington, the rating agency said in a research note.

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