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Moody's Pushes U.S. Out Of Elite 'AAA' Credit Club, Citing Rising Debt
(Reuters) - Moody’s on Friday cut the U.S. credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as Moody’s was the last major agency to maintain a triple-A rating for U.S. sovereign debt.
Gold bounced back after its biggest weekly decline in six months, with appetite for haven assets boosted by mounting concerns ...
The move was due to mounting concern over American debt rather than tariffs . Read more at straitstimes.com. Read more at ...
White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...
Moody’s lowered the rating from a gold-standard Aaa to Aa1 but said the United States “retains exceptional credit ...
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