New York City’s Rating Outlook Cut to Negative by Moody’s
Moody’s Ratings lowered its outlook on New York City to negative, citing the “sizable and persistent” budget shortfalls it’s facing.
By Amanda Albright, Martin Z Braun · Bloomberg Markets
Moody’s Ratings lowered its outlook on New York City to negative, citing the “sizable and persistent” budget shortfalls it’s facing.