Gordhan sets out plans to avoid a credit rating downgrade
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South Africa just saw its credit rating downgraded after two of the three major ratings agencies issued depressing assessments of the state of the country’s economy. Fitch Ratings cut its.
(Credit Rating Agencies) (south africa)
LANSING, MI – Michigan’s improving economy and the state’s solid fiscal planning have prompted Moody’s Investors Service today to upgrade the state’s credit rating for all general obligation …
Ratings reprieve far from secure
The slowdown in inflation in March could give the SA Reserve Bank's monetary policy committee a chance to pause its hiking cycle, say analysts.