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Moody’s Ratings slashed the United States’ credit rating down a notch to Aa1 from the highest triple A on Friday, citing the ...
The financial ratings firm lowered the U.S. credit rating from the gold-standard Aaa to Aa1. It said it expected federal ...
The downgrade follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest ...
The US lost its triple-A credit score with Moody's on Friday, with the credit ratings firm citing rising federal debt and ...
Financial ratings firm Moody’s Ratings downgraded the U.S. government’s credit ratings Friday, citing its rising debt and ...
Moody’s Ratings downgraded the United States’ debt on Friday, stripping the country of its last perfect credit rating. The move could rattle financial markets and push up interest rates, potentially ...
The downgrade from Moody’s means that each of the three major credit rating agencies no longer gives the United States its ...
White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...
The agency pointed to the failure of successive administrations and lawmakers to implement measures to curb rising deficits ...
Moody’s blamed the downgrade on more than a decade of increasing government debt and interest payment ratios, and the failure ...
Congress and past administrations have been unable to agree on how to curb the pattern of substantial yearly budget deficits and rising interest costs.
Moody’s was the last among major ratings agencies to keep a top, triple-A rating for US sovereign debt, though it had lowered its outlook in late 2023 due to wider fiscal deficit and higher ...