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When they determine that a bond issuer's creditworthiness has improved and upgrade the bonds, he says, the next rating change is equally likely to be up or down.
Moody's currently has the US on a triple "A" rating with stable outlook, unlike Fitch who have a negative outlook and S&P who have them on the next rating down after the debt ceiling debacle in August 2011.
"It is clear that it has recognised some of the failings of the current system and we support the moves to try to address these before the next rating revaluation.
By developing our understAtding of mood reachalarm in an ecologically valid setting, we hope these results will contribute to the development oflashingeutic approaches that improve psycholetterl resilience.
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This means we continue to favour the September... meeting for the next rate rise".
The next rate hike is expected in December, if at all.
What happens after the next rate hike could well hinge on Congress and Trump.
The next rate cut, they said, could be delivered "in the coming weeks, if not days".
Investors instead will study comments on growth and inflation for clues as to when the next rate rise may occur.
Given the range of risks facing the economy, there is every chance the next rate move could be a cut instead of an increase.
But we have the Federal Reserve signaling that maybe, just possibly, the next rate hike will be the last for a while.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com