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Credit agency Moody’s cuts outlook on US government to negative

Company cites ‘continued political polarization’ and risks to the nation’s fiscal strength as reason for change

The credit ratings agency Moody’s reduced its outlook on the US government from stable to negative, citing division in Washington DC and risks to the nation’s fiscal strength.

While Moody’s maintained the US’s current top-grade AAA rating, it raised the prospect that this may be cut.

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