Standard & Poor's took the plunge by cutting the US credit rating, but that doesn't mean the patience of other agencies is endless. In particular Moody's, which today reaffirmed the possibility of lowering the assessment of US debt before 2013 if the country's economic prospects seriously deteriorate or if the fiscal discipline imposed by politics should loosen.
However, the agency specified that it had glimpsed the light at the end of the tunnel and believes it possible that a new debt agreement will be reached in Washington to reduce the deficit before that date. In a note, Moody's explained that the decision taken last August XNUMX to confirm the rating of the United States was based on the assumption that there were further cuts on the horizon.
