Moody's downgrades US credit rating from Aaa to Aa1, first time in history
From Investing.com: 2025-05-16 18:41:00
Moody’s has downgraded the US credit rating from Aaa to Aa1 due to concerns about rising debt levels and political dysfunction. This marks the first time in history that the US has lost its top-notch credit rating. The downgrade could lead to higher borrowing costs for the government and impact global financial markets.
Read more at Investing.com: INSTANT VIEW: With Moody’s downgrade, US loses treasured Aaa credit rating
