Moody’s downgrades U.S. credit rating, pushes it out of elite ‘AAA’ club
From Investing.com: 2025-05-16 16:57:00
Moody’s downgrades U.S. credit rating, citing rising debt levels and political gridlock. The move pushes the country out of the elite ‘AAA’ club, for the first time since 1917. The credit rating agency warns of potential long-term consequences for borrowing costs and economic stability. The U.S. joins countries like China and Japan with lower credit ratings.
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