Moody's upgrades rating outlook for the US banking system
Rating agency Moody's upgraded the rating outlook on the U.S. banking system from «negative» to «stable», says Moody's statement.
Analysts explain, the forecast is changed due to the improved situation in banking sector and reduced risk of economic recession.
In next 2 years, US GDP growth is predicted at 1.5-2.5%, while unemployment should drop to 7%.
