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Moody's: won't take ratings action on Japan on Friday
The logo of credit rating agency Moody's Investor Services is seen outside the office in Paris October 24, 2011.
Credit: Reuters/Philippe Wojazer/Files
TOKYO |
TOKYO (Reuters) - Moody's Investors Service said it will not take any ratings action on Japan on Friday, although it warned that Japan's slipping behind on its fiscal targets could have wider implications.
A Moody's spokesman said the ratings agency's Friday briefing in Tokyo would not include any ratings action.
Moody's Aa3 rating on Japan has a stable outlook and is three notches below the top AAA rating.
(Reporting by Stanley White; Editing by Edmund Klamann and Edwina Gibbs)
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