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Two more top bond-rating firms issue dire warning for NYC over Mamdani budget

NYC
New York Post Fews App News Provider
Fews App Post Time há 6h

Another two top bond-rating companies have warned that New York City’s finances are looking grim if the freshman mayor’s budget calling for drawing down reserves is enacted. Fitch Ratings and Kroll Bond Rating Agency issued a negative outlook for the Big Apple’s bond rating Friday — following suit with Moody’s. which made the same projection last week.

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