Moody's said the change reflected "uncertainty about the ability of the authorities to achieve a policy consensus" to help the economy.
"I would have thought that investors might have been somewhat more cautious until the policy consensus of the new Administration was clear," he said.
"In recent years," he said, "a public policy consensus has been moving toward providing consumers with greater access to information through food labeling."
The multicultural policy consensus regarded the presence of immigrant cultural communities as non-problematic, or beneficial.
The need for statutes, case law and public policy consensus is critical if we are to assume control over present and future biological-medical technology.
And the foreign policy consensus of the last half-century has been coming apart.
How does this broad policy consensus among the world's governments compare to the Depression period?
Despite all the partisan warfare, we're on the verge of a broad foreign policy consensus.
The report reflects the policy consensus between the European Parliament and the Commission.
Under the prevailing policy consensus in higher education, vice chancellors and government ministers have learned to speak the same language.