A US government shutdown would negatively affect the country’s credit, credit rating agency Moody’s has warned, one month after Fitch downgraded the United States by one notch on the back of a debt ceiling crisis.US government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting October 1.A possible shutdown would be further evidence of how political polarisation in Washington, DC is weakening fiscal policymaking at a time of rising pressures on US government debt affordability because of higher interest rates, Moody’s analyst William Foster told Reuters on Monday.
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