穆迪(Moody's)将日本的信用评级下调一级，降至A1级，这一级别在投资级评级里只排第五。此举令日元兑美元汇率跌至新的七年内最低点。
Moody's has cut Japan's credit rating one notch to A1 – only the fifth-best investment grade - sending the yen to a new seven year low against the dollar.
该评级机构表示，引发这次降级的原因是“安倍经济学(Abenomics)”能否成功的不确定性日益增加。所谓“安倍经济学”，是指日本首相安倍晋三(Shinzo Abe)推行的激进的经济、财政及货币改革举措。
The rating agency said that the downgrade was triggered by rising uncertainty over the success of prime minister Shinzo Abe's drastic economic, fiscal and monetary reforms – dubbed "Abenomics".
最近，在第一次提高消费税的举措令日本重陷衰退之后，日本政府曾被迫搁置第二轮增税措施。
The government was recently forced to shelve the second of two sales tax increases after the first one pushed the country back into recession.
此前，日本央行(BoJ)已加大了量化宽松的力度。而安倍晋三也曾要求提前举行选举，以便让他的计划再次得到选民认可。安倍试图通过这些举措，令日本摆脱长达20年的通缩和经济停滞。然而，人们对安倍这些大胆尝试的担忧最近正在急剧升高。
The Bank of Japan has ramped up its quantitative easing programme and Mr Abe has called a new election for a fresh electoral endorsement of his programme, but concerns that the bold attempt to break free from two decades of deflation and stagnation have climbed markedly recently.
穆迪表示，调降日本评级的原因是：
Moody's said the downgrade was caused by
1.日本实现减赤目标的不确定性加大；
1.Heightened uncertainty over the achievability of fiscal deficit reduction goals;
2.在通缩压力下，日本促增长政策的时机和效果充满不确定性；
2.Uncertainty over the timing and effectiveness of growth enhancing policy measures, against a background of deflationary pressures; and
3.在上述不确定性的影响下，日本中长期国债收益率攀升和债务负担能力降低的风险加大。
3.In consequence, increased risk of rising JGB yields and reduced debt affordability over the medium term.