US highest credit-rating confirmed

US highest credit-rating confirmed
# 29 August 2009 08:33 (UTC +04:00)
Baku. Vahab Rzayev – APA- Economics. The U.S.’s ability to cope with the credit crisis, its political stability and “favorable” economic prospects all support the country’s top Aaa credit ratings, according to Moody’s Investors Service. Although government financial strength is weakening as a result of intervention to support the financial system and the economy, other factors support a stable rating outlook, the company said. The U.S. government and the Federal Reserve have spent, lent or committed more than $12 trillion in a bid to revive the economy and credit markets. The budget deficit is projected to reach $1.6 trillion this year and $1.4 trillion next year, according to the nonpartisan “The federal government debt ratios, which Moody’s considers most relevant to the rating given the U.S.’s relatively decentralized fiscal structure, are rising steeply and will continue that trend at least through 2010,” wrote Moody’s analysts “However a substantial portion of the rise results from asset purchases, meaning” the government’s net worth is less affected, they wrote.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED