The US government does not agree with the decision of the international organization Moody’s Investors Service to reduce the country’s rating outlook from stable to negative. This was stated by US Deputy Treasury Secretary Wally Adeyemo, quoted by the TV channel. CNBC.
As the official noted, the U.S. economy “remains strong.” In this context, he evaluated that the change in analysts’ estimates regarding the state’s rating was unwarranted.
“We do not agree with the change in forecasts towards negative,” a representative from the Ministry of Finance said.
According to experts, a statement was published on the website of the international Moody’s Investors Service agency on November 10. changed The US rating forecast is from stable to negative. The publication noted that the reason for this decision was the decrease in the financial stability of the country’s economy.
At the end of October, US Treasury Secretary Janet Yellen and White House Office of Management and Budget chief Shalada Young public Joint statement on the increase in the country’s budget deficit in fiscal year 2023. According to official information, this figure increased by 320 billion dollars compared to the previous period and reached 1.7 trillion dollars.
Formerly US Treasury stated It’s about the country’s public debt rising to historic levels.