{"id":23398,"date":"2011-08-24T10:09:05","date_gmt":"2011-08-24T14:09:05","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=23398"},"modified":"2011-08-24T10:09:05","modified_gmt":"2011-08-24T14:09:05","slug":"moodys-byrne-says-japan-needs-plan-to-reduce-deficit","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/08\/24\/moodys-byrne-says-japan-needs-plan-to-reduce-deficit\/","title":{"rendered":"Moody’s Byrne Says Japan Needs Plan to Reduce Deficit"},"content":{"rendered":"

Aug. 24 (Bloomberg) — Thomas Byrne, a senior vice president for sovereign risk at Moody’s Investors Service, talks about the downgrade of Japan’s sovereign-credit rating. Moody\u2019s lowered Japan’s grade by one step to Aa3, citing “weak” prospects for economic growth that will make it difficult for the government to rein in the world\u2019s largest public debt burden. Byrne speaks from Tokyo with Susan Li on Bloomberg Television’s “First Up.” (Source: Bloomberg) <\/p>\n","protected":false},"excerpt":{"rendered":"

Aug. 24 (Bloomberg) — Thomas Byrne, a senior vice president for sovereign risk at Moody’s Investors Service, talks about the downgrade of Japan’s sovereign-credit rating. Moody\u2019s lowered Japan’s grade by one step to Aa3, citing “weak” prospects for economic growth that will make it difficult for the government to rein in the world\u2019s largest public … <\/p>\n

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