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Moody’s strips US of top credit rating: What the downgrade means for your wallet
Moody’s has downgraded the US credit rating for the first time, citing rising debt and political dysfunction. Here’s what the move means for your wallet, interest rates, and the broader economy.
Moody's downgrades US credit rating, citing rising debt
Moody’s has downgraded the nation’s credit rating one notch to Aa1, leaving the U.S. without a top grade among any of the major rating agencies.
U.S. Credit Gets Downgraded by Moody’s, the Last Triple-A Rating
The firm said the downgrade “reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns.”
Moody's becomes final credit agency to downgrade U.S. debt rating
Moody's Ratings downgraded U.S. debt, becoming the last of the three major credit rating agencies to move in that direction.
Moody's pushes US out of top triple-A rating club, citing debt
Moody's downgraded the U.S. sovereign credit rating on Friday (May 16) due to concerns about the nation's growing, $36-trillion debt pile, in a move that could complicate President Donald Trump's efforts to cut taxes and send ripples through global markets.
U.S. Loses Last Triple-A Credit Rating
The move strips the U.S. of its last remaining triple-A credit rating from a major ratings firm, following similar cuts by Fitch Ratings in 2023 and S&P Global Ratings in 2011. Mo
The United States loses its triple-A credit rating at Moody's over rising federal debt
The US lost its triple-A credit score with Moody's on Friday, with the credit ratings firm citing rising federal debt and interest costs. The US was downgraded from Aaa, the highest rating, to Aa1. Some sovereigns with an Aaa ratings from Moody's include the European Union,
Moody’s downgrades U.S. credit as Congress considers bill that could add to deficits
Moody’s blamed the downgrade on more than a decade of increasing government debt and interest payment ratios, and the failure of U.S. administrations and Congress “to agree on
Moody's Strips U.S. Government of Top Credit Rating, Citing Washington's Failure to Rein in Debt
Moody’s Ratings stripped the U.S. government of its top credit rating Friday, citing successive governments’ failure to stop a rising tide of debt
Moody's cuts America's pristine credit rating, citing rising debt
The downgrade follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest payments, and comes as Congress debates tax and spending plans that could deepen the fiscal hole.
US loses last perfect credit rating amid rising debt
In lowering the US rating from 'AAA' to 'Aa1', Moody's noted that successive US administrations had failed to reverse ballooning deficits and interest costs. A triple-A rating signifies a country's highest possible credit reliability,
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