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As a revenue source, tariffs are unlikely to be sufficient to balance a multi-trillion-dollar U.S. deficit. Because tariffs are expected to be transitory, the deficit for a while will likely decline, ...
Taxable muni bonds have gained about 0.4% this year, outperforming a roughly 1.4% loss for the broader market.
The downgrade of the U.S. sovereign credit rating Friday will likely mean higher borrowing costs on mortgages.
After recovering from an initial jolt, U.S. stocks drifted through quiet trading following the latest reminder that the U.S. government may be hurtling toward an unsustainable mountain of debt.
Moody’s decision to downgrade the U.S. credit rating may have far reaching consequences for your money, experts say.
Still, the agency warned that “a sudden loss of market confidence or ... revenue or spending cuts—could help the U.S. regain its top credit rating. Conversely, a sharp deterioration in debt ...
It acknowledged several credit strengths that support the U.S. economy ... could lead to an upgrade in the rating. On the other hand, a faster-than-expected deterioration in debt metrics or a sudden ...
Moody's decision to downgrade the United States from its top credit rating mirrors similar decisions from the two other major U.S. ratings agencies, S&P and Fitch. S&P was the first to cut its ...
Moody's decision to downgrade the United States from its top credit rating mirrors similar decisions from the two other major US ratings agencies, S&P and Fitch. S&P was the first to cut its ...