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Moody's Will Downgrade The UK And The US

On Feb. 13th of this year, Moody’s changed the rating outlook on the UK’s Aaa rating from Stable to Negative. Moody’s said at the time that:
“A combination of a rising medium-term debt trajectory and lower-than-expected trend economic growth would put into question the government's ability to retain its Aaa rating. The UK's outstanding debt places it amongst the most heavily indebted of its Aaa-rated peers, alongside the United States and France whose Aaa ratings also carry a negative outlook.”

On Nov. 14th, Moody’s stated that:
“We will need to assess the Aaa rating and negative outlook in the first few months of 2013, in light of what the government’s Autumn Statement reveals about the [government’s] assurances that the debt trajectory will stabilise and start to decline within the rating horizon.”