By Moody’s Analytics U.S. recessions are ultimately a loss of faith: consumers lose faith that they will have a job and pull back on their spending, and businesses lose faith that there
Moody’s has lowered global growth projections for 2022 and 2023 as Russia’s invasion of Ukraine and pandemic lockdowns in China add to supply shocks and stoke inflation. Advanced economies will expand 2.6%
OPINION: By Moody’s Analytics As many of us learned in Principles of Macroeconomics, the Federal Reserve had to aggressively tighten monetary policy to tame inflation in the late 1970s and early 1980s.
Moody’s Investors Service has placed RCB Bank’s long-term ratings on review for downgrade, including its long-term deposit ratings, citing “higher credit risk associated with its Russian corporate exposures” on the backdrop of
Russia’s invasion of Ukraine and subsequent economic sanctions have increased risks to the global economic outlook, Moody’s Investors Service said in a report on Friday, adding that the magnitude of the effects
Cyprus’ high overall indebtedness continues to limit Cypriot banks’ growth potential and elevates economic vulnerability, a credit negative for banks, Moody’s argues. It follows reports that Cypriot banks had sold or transferred
Moody’s has upgraded Bank of Cyprus key ratings citing “significant improvement” in asset quality following an agreement on non-performing loans that would reduce the bank’s NPL ratio to single digits. It upgraded
The outlook for the global shipping industry is changed to ‘stable’ from ‘positive’ for the next 12 to 18 months due to demand slightly outstripping supply, according to a Moody’s Investors Service
The outlook for the banking industry is stable for the next 12 to 18 months as the global economy maintains a steady recovery, helping support banks’ asset quality and keeping loan loss
Moody’s Investors Service has upgraded the long-term senior secured ratings of the state-owned Israel Electric Corporation to Baa1 from Baa2. The upgrade reflects significant reductions in IEC’s leverage and improvements in the
