Go offline with the Player FM app!
Shane Solly: Harbour Asset Management spokesperson on what Moody's downgrade of US Government debt ratings means
Manage episode 483687423 series 2882353
Moody's cut the US credit rating by one notch, citing rising debt and interest payments that outpace those of similar sovereigns.
The downgrade to 'Aa1' from 'Aaa' follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest payments, according to new data.
Harbour Asset Management's Shane Solly explains further.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
9404 episodes
Manage episode 483687423 series 2882353
Moody's cut the US credit rating by one notch, citing rising debt and interest payments that outpace those of similar sovereigns.
The downgrade to 'Aa1' from 'Aaa' follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest payments, according to new data.
Harbour Asset Management's Shane Solly explains further.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
9404 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.