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Moody's: Limited Risks to U.S. Credit Profile from Banking Crisis

Moody's anticipates minimal impact on the U.S. credit profile from the recent banking sector turmoil unless the situation deteriorates further.

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Moody's Outlook on U.S. Sovereign Credit Profile

Rating agency Moody's (NYSE: MCO) announced on Wednesday that it foresees limited risks to the United States' sovereign credit profile due to the recent turbulence in the nation's banking sector, provided these strains do not worsen.

Increasing Banking Sector Risk in the U.S.

Moody's acknowledged that the swift decline in the operating environment for U.S. regional banks (Aaa stable) over the past fortnight had revealed greater banking sector risk than previously considered in the sovereign's credit profile.

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