Moody's: US credit rating likely to face downward pressure in long-term

The US-based ratings agency, Moody’s Investors Service, in a new report, said that the US's stable credit profile is likely to face downward pressure in the long-term, due to meaningful fiscal deterioration amid increasing levels of national debt and a widening federal budget deficit. 

The US economy, however, is very strong, wealthy, dynamic and well diversified, and its role in the global financial system is unmatched. These factors help compensate for the impending fiscal weakness, Moody's Investors Service says in the report.