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New challenges ahead as Moody’s downgrades US credit rating after 108 years
Moody’s downgrade from AAA to Aa1 reflects concern about government debt and ends a 108-year perfect rating from the firm, despite previous warnings and previous downgrades from Fitch and S&P Global. Treasury Secretary Scott Bessent dismissed the downgrade as a lagging indicator that reflects rising debt under the Biden administration.
Ray Dalio warns that Moody's credit downgrade doesn't reflect the risks of money printing by the federal government in order ...
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 ...
US stocks took a hit on Monday while Treasury yields rose as Wall Street processed Moody's downgrade of the US credit rating ...
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