Moody’s: Government shutdown could hurt America’s top credit rating ...Middle East

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By Alicia Wallace, CNN Minneapolis (CNN) — The United States’ credit rating could come under pressure if the government shuts down, Moody’s Investors Service cautioned Monday. A shutdown would be “credit negative” for the US sovereign, according to a Moody’s note. “While government debt service payments would not be impacted and a short-lived shutdown would be unlikely to disrupt the economy, it would underscore the weakness of US institutional and governance strength relative to other AAA-rated sovereigns that we have highlighted in recent years,” Moody’s wrote. “In particular, it would demonstrate the significant constraints that intensifying political polarization put on fiscal

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