Debt ceiling row, govt shutdown unlikely to hurt U.S. rating -Moody's
NEW YORK, Sept 24
NEW YORK, Sept 24 (Reuters) - A potential debt ceiling impasse and a possible U.S. government shutdown are unlikely to affect the U.S. sovereign credit rating because such events would be short term, a Moody's credit analyst said on Tuesday.
"At this time we don't see that (rating cut) as a consequence of these short-term events," said Steven Hess, Moody's lead U.S. sovereign credit analyst.
"The rating is based more on the long-term outlook for the debt, rather than what we think will be short-term events," Hess added.
Moody's does expect the debt ceiling to be raised and a government shutdown avoided, the rating agency said in a Tuesday report.
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