Policy Challenges
The continuation of fiscal support will be in focus as some governments will have more limited capacity to provide further relief, while monetary policy will remain highly accommodative. Geopolitical and trade tensions will remain in the spotlight.

    18 Feb 2021|Moody's Investors Service
     Initial legislative proposals from the White House contained a number of measures that would, in combination, materially bolster consumers’ ability to avoid defaults.
    01 Feb 2021|Moody's Investors Service
    The likely extension of the public health emergency through the end of 2021 will extend the FMAP increase to help states and continue funding to hospitals for COVID-19 positive patients.
    US Policy Shifts
    Sector Comment
    22 Jan 2021|Moody's Investors Service
    The Biden administration’s initial executive actions mark a distinct repositioning on key issues. These shifts have economic and policy implications, with potential credit effects for structured finance, oil and gas, automobiles, tourism and higher education.
    Sector Comment
    07 Jan 2021|Moody's Investors Service
    President-elect Joe Biden’s policy proposals likely will gain more traction under a Democratic-controlled US Senate, although passage of meaningful legislation will still require bipartisan cooperation at a time when political polarization has widened. Biden’s policy agenda has credit implications for sectors including healthcare, financial institutions, infrastructure and energy.

    13 Jan 2021|Moody's Investors Service
    The size and scope of environmental measures in pandemic relief packages vary significantly across Asia-Pacific, with wealthier economies better able to absorb the costs. Green stimulus will be credit positive for utilities, construction companies and battery manufacturers, while creating credit challenges for oil refiners and operators of captive coal power plants.

    06 Jan 2021|Moody's Investors Service
    A resurgence of virus infections and new closures and restrictions remain a risk to global trade and manufacturing activity. Trade negotiations will be a key policy focus globally, while digitization and supply-chain considerations will continue to drive shifts in business strategies.