Economic news

Moody’s changes outlook on U.S. banking system to ‘negative’

2023.03.14 11:16


© Reuters. FILE PHOTO: A U.S. flag is seen outside the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2023. REUTERS/Andrew Kelly

(Reuters) – Ratings agency Moody’s (NYSE:) Investors Service on Tuesday changed its outlook on the U.S. banking system to “negative” from “stable” after the collapse of three major banks fueled fears of a contagion.

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