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Financial ratings firm Moody’s Ratings downgraded the U.S. government’s credit ratings Friday, citing its rising debt and ...
US Treasury Secretary Scott Bessent dismissed Moody's downgrade of the United States’ sovereign credit rating. The ratings ...
Moody’s Ratings slashed the United States’ credit rating down a notch to Aa1 from the highest triple A on Friday, citing the ...
Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old ...
Bessent insisted that the administration is on track to produce economic growth that will outpace the rise in debt ...
The downgrade from Moody’s means that each of the three major credit rating agencies no longer gives the United States its ...
S&P Global Ratings stripped the United States of its coveted AAA credit rating in 2011, and Fitch Ratings did the same in ...
US Treasury Secretary Scott Bessent has dismissed Moody's downgrading of the US sovereign credit rating. Moody's on Friday announced a cut in the US rating by one notch from the top Aaa to Aa1. It ...
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 ...
White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...
Moody’s blamed the downgrade on more than a decade of increasing government debt and interest payment ratios, and the failure ...
The financial ratings firm lowered the U.S. credit rating from the gold-standard Aaa to Aa1. It said it expected federal ...