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Moody's downgrades U.S. credit rating on increase in government debt
NBC News Clone summarizes the latest on: Moody S Downgrades U S Credit Rating On Increase In Government Debt 239776325712 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
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Moody’s Ratings cut the U.S. credit rating down a notch to Aa1 from the Aaa, citing the growing burden of financing the federal government’s budget deficit and the rising cost of rolling over existing debt amid high interest rates.May 16, 2025