DJ: Moody’s Analyst US Review Seen If Debt Forecast Realised

LONDON (MNI) – The credit rating of the US would need to be
reviewed if the current projections for its debt are realised, an
analyst Moody’s Ratings has told Dow Jones.

The report also cites the analyst as saying that the US needs to
set out a credible fiscal conmsolidation plan and as warning that the US
had ‘no plan’ to deal with its rising debt.

The analyst also cited political uncertainty on the ability of the
US to tackle its budget deficit, according to DJ.

–London Bureau; email: ukeditorial@marketnews.com; tel: 442078627492

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