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US Credit Rating Cut by Moody's
Financial Express Lucknow
|May 18, 2025
MOODY'S DOWNGRADED THE US sovereign credit rating on Friday due to concerns about the nation's growing $36 trillion debt pile in a move that could complicate President Donald Trump's efforts to cut taxes and send ripples through global markets.
Moody's first gave the United States its pristine "Aaa" rating in 1919 and is the last of the three major credit agencies to downgrade it.
Dit verhaal komt uit de May 18, 2025-editie van Financial Express Lucknow.
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