Moody’s downgrades US credit rating from top level for first time over soaring debt
- Posted on May 16, 2025
- By The Independent
- 1 Views
Moody’s downgrades US credit rating from top level for first time over soaring debt
Credit rating agency sees no real effort by government to cut spending, expects fiscal performance to deteriorate, and Trump’s tariffs to significantly hurt nation's long-term growth
