Archives of “Credit rating agency” tag

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S&P says coronavirus outbreak will cut 0.5% from Australia’s real GDP growth in 2020

  
Analysis, Economy
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The ratings agency a bit downbeat on Australia’s GDP, but on the bright side:

  • S&P says economic impact of coronavirus unlikely to negatively affect Australia’s sovereign rating
  • says short, temporary delay in balancing government budget unlikely to strain Australia’s creditworthiness

Fitch has affirmed Japan’s rating at A with outlook stable

  
  Analysis
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Fitch rating agency of Japan – affirms ‘A’ & outlook stable

  • expects Japan’s broad policy continuity in coming year
  • says in addition to low interest rates, positive nominal GDP growth has kept trajectory of Japan’s public debt in check
  • inflation to remain murted in 2020 after pikcing up slightly in DCec 2019
  • does not expect change in the BOJ’s policy settings
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