BRIEF-Moody's raises ratings on 2 Brazilian states, revises 1 municipality outlook to pos

Mon Dec 17, 2012 5:57pm EST

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Dec 17 - RPT-MOODY'S UPGRADES RATINGS AND REVISES OUTLOOKS ON TWO BRAZILIAN
STATES AND ONE MUNICIPALITY
    
MOODY'S UPGRADES STATE OF SAO PAULO TO BAA2, UPGRADES STATE OF MINAS GERAIS TO
BAA3, REVISES RIO DE JANEIRO OUTLOOK TO POSITIVE.
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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.