Moody's downgrades U.S. credit rating on increase in government debt
May 16, 2025
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2:57Now PlayingMoody's downgrades U.S. credit rating on increase in government debt
YouTube Description
as posted by the channelMoody’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.
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#Economy #CreditRating #Deficit
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