Aaa, credit rating
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The U.S. credit rating was downgraded by Moody's Ratings on Friday, highlighting investor concerns about the government's growing debt.The downgrade from the top rating of Aaa to Aa1 "reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns,
Years of rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service downgraded the government, stripping its last triple-A rating.
The dip in the U.S. credit rating indicates that ratings agencies believe the government is at a higher risk of default on its debt. While the U.S. rating still remains relatively high, the decrease may make investors more hesitant to lend to the government, and demand higher compensation for lending in the form of higher interest rates.
The United States government lost its last AAA credit rating Friday evening with Moody’s Ratings downgrading the country to its
Even before talk of fresh unfunded tax cuts took center stage in the budget wrangling on Capitol Hill, US bond investors were making their views loud and clear: If the government keeps spending more than it takes in,
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Moody's has joined the two other rating agencies in determining that the US is no longer fit to hold a AAA credit score.
The recent loss of Maryland’s decades-long and prized AAA Moody’s credit rating could have a lasting ripple effect on future local government budgets. Here’s why.
Moody's cuts the U.S. credit rating to AA+, aligning with S&P and Fitch. Economists say markets remain unfazed, despite rising debt concerns.