U.S. credit rating upgraded from ‘negative’ to ‘stable’

By Agence France-Presse
Thursday, July 18, 2013 18:59 EDT
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The headquaters of Moody's rating agency in New York, September 18, 2012 (AFP)
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Ratings firm Moody’s raised its outlook on the US economy on Thursday to “stable” from “negative,” citing progress in putting the federal government’s debt on a more sustainable path.

“Moody’s Investors Service today moved the outlook on the Aaa government bond rating of the United States back to stable, replacing the negative outlook that has been in place since August 2011,” the company said in a statement.

Agence France-Presse
Agence France-Presse
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