PRESS DIGEST - Wall Street Journal - May 26
May 26 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Feb 1 - The rating action referenced in Fitch Ratings' Jan. 15, 2013, press release (Fitch to Confirm 'A/F1' Rating for Boone County, AR Var Rate Hosp. Revs, Ser 2006; Outlook Stable), is effective today (Feb. 1, 2013). Additional information is available at www.fitchratings.com. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings. Applicable Criteria and Related Research: --'U.S. Municipal Structured Finance Criteria' (Feb. 28, 2012); --'Rating Guidelines for Letter of Credit-Supported Bonds' (June 20, 2012). Applicable Criteria and Related Research: U.S. Municipal Structured Finance Criteria Rating Guidelines for Letter of Credit-Supported Bonds
* Bullard warns on inflation, cautious on aggressive rate hikes
BEIJING, May 26 China's structural reforms will not be enough to arrest its rising debt, and another credit rating downgrade for the country is possible unless it gets its ballooning credit in check, two officials at Moody's ratings agency said on Friday.