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Loss of Moody’s highest rating comes amid concerns about Washington’s widening budget deficit and fiscal trajectory.
The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.
The US has lost its last perfect credit rating, as influential ratings firm Moody's expressed concern over the government's ...
Moody’s Ratings downgraded the United States’ debt on Friday, stripping the country of its last perfect credit rating. The ...
Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.
(Bloomberg) -- The US government lost its last triple-A credit score from a major international ... compared with its highest-quality Aaa rating, which has minimal risk. Put simply, federal ...
You hear a lot about the credit scores of individual consumers and how that affects their borrowing power. But what you might ...
Hong Kong’s pension fund managers have formed a preliminary plan to sell down their Treasury holdings within as soon as three ...
Financial markets were thrown into turmoil Friday after Moody’s—the last major ratings agency maintaining the U.S.' pristine credit status ... downgraded US debt from AAA to Aa1, joining ...
Moody's on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly higher than similarly rated sovereigns." ...
The downgrade marks the end of an era - as Moody’s had upheld America’s spotless credit ... dropped the US down one notch to Aa1, bringing it in line with rivals Fitch Ratings and S&P, which ...