S&P says fiscal cliff negotiations unlikely to impact U.S. rating Standard & Poor's said in a press release that it does not expect negotiations over the fiscal cliff to have an impact on its 'AA+/A-1+' ratings on the U.S. government. The rating agnecy believes that shold an agreement be reached this weekend, the tax cuts of 2001 and 2003 are likely to be extended for some period and additional measures are insufficient to place the U.S. medium-term public finances on a sustainable footing.
News For NOSYMBOL From The Last 14 Days
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Bank of England maintains bank rate at 0.5% The Bank of England at its meeting today voted to maintain bank rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at 375B pounds.
SEC to hold a commission meeting Closed Commission Meeting to discuss institution and settlement of administrative proceedings and other matters relating to enforcement proceedings will be held at SEC Washington, D.C. offices on July 10 at 2 pm.