Sentence examples for rating cuts from inspiring English sources
And it follows a number of rating cuts by the major ratings agencies in the last year.
Steep downgrades of the sovereign-debt ratings of countries such as Portugal, Greece and Ireland would probably translate into immediate rating cuts for their banks, as well as higher capital charges on banks' debt holdings and bigger haircuts when using this debt as collateral.
The AAA-rated GE Capital is, of course, a stronger borrower than New York, but an AAA rating cuts two ways.
Rating cuts also affect debt they have insured and can potentially raise borrowing costs for cities and other institutions.
The aggressive rating cuts may not mollify the investors who have sharply criticized the agencies for being slow to act in recent weeks.
Those rating cuts have created a liquidity crisis for the companies, taking away their access to new loans to help finance their debts.
Notwithstanding the rating cut, Treasuries are still deemed safe.
Kmart Shares At 36-Year Low, Rating Cut Again.
More interest rate cuts follow.
Future rate cuts are also expected.
