S&P affirms Japan rating with note of caution

02/18/2013 | Bloomberg Businessweek

Standard & Poor's affirmed its AA- credit rating with a negative outlook for Japan, noting that "measures adopted by the new Shinzo Abe administration at the beginning of its term will be critical if it is to arrest what we see as a prolonged decline in Japan's sovereign credit standing." The ratings agency added, "We would lower the ratings if we thought that government policies would be ineffective in ending deflationary pressures or in maintaining current rates of real economic growth."

View Full Article in:

Bloomberg Businessweek

Published in Brief: