Moodys downgraded US credit rating
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Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.
Moody’s has downgraded the US’ credit rating months after US President Donald Trump was sworn in for a second term. It comes as the United States has been witnessing financial and economic uncertainty over Trump’s trade policies.
Moody's lowered the US triple-A credit rating on Friday, citing rising federal debt and interest costs.
Moody's becomes latest major credit rating agency to downgrade US' 'perfect' long-term credit rating - Anadolu Ajansı