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Economic··Severity 5

New York City Spared Downgrade by Fitch and Moody’s, for Now

New York City avoided a debt downgrade Friday by two major credit-rating companies, though both warned the city must take steps to narrow projected deficits or risk a cut — despite the current boom on Wall Street.

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

21%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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