Moody’s Investors Service late Friday cut its outlook on the U.S. sovereign credit rating to negative from stable, citing higher interest rates and doubts about the government’s ability implement effective fiscal policies. A negative outlook means that a rating may be cut in the future, but doesn’t mean that it will be. Moody’s continues to rate U.S. sovereign debt Aaa — the only one of the three major credit-rating companies to maintain a triple-A rating on the world’s largest economy.
