Moody’s strips US of top-notch triple-A credit rating
Financial TimesFriday, May 16, 2025 at 10:19:13 PM
Moody's has downgraded the U.S. credit rating from the top-tier triple-A due to concerns over rising government debt and an expanding budget deficit.
What This Means: The downgrade reflects growing fiscal challenges in the U.S. and could signal higher borrowing costs, reduced investor confidence, and broader economic instability if debt and deficit issues remain unaddressed. It may also influence global financial markets, given the U.S. dollar's reserve currency status.
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