24 Jan 2017
Moody's: President Trump inherits modest deficit & healthy economy, but challenges loom
The US credit ratings agency, Moody’s Investors Service, in latest report signaled a word of caution for the US economy.
Key Headlines:
Rising debt levels and interest rates will erode US' capacity to absorb shocks
Actions from Trump to address rising burden of entitlement spending will be particularly relevant
Trump inherits modest deficit and healthy economy but challenges loom