Before 1 January 2018, will Fitch, Moody's, or S&P cut the State of Illinois’ credit rating to junk status?

The CFA Society Los Angeles asks

Before 1 January 2018, will Fitch, Moody's, or S&P cut the State of Illinois’ credit rating to junk status?

Started Jul 11, 2017 05:00PM UTC
Closed Jan 01, 2018 07:59AM UTC

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CFA Society Los Angeles Finance & Economics (2017)

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Economic Indicators

The question will close yes if Moody’s cuts its credit rating to Ba1, Fitch cuts its rating to BB+, or S&P cuts its rating to BB+ on any Illinois state general obligation bonds. Despite passing a budget, the state of Illinois remains at risk of having its credit downgraded to junk status (Market Watch, Chicago Tribune). _{Confused? Check our FAQ or ask us for help.}

Fitch, Moody's, or S&P did not cut the State of Illinois credit rating to junk status. This question closed as "no" with an end date of 1 January 2018. _{See our FAQ to learn about how we resolve questions and how scores are calculated.}