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With Moodys downgrade, US loses treasured Aaa credit rating

Moody's downgrades U.S. credit rating, pushes it out of elite 'AAA' club

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". "Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs,

The Daily Hodl · 9h

Moody’s Downgrades US Credit Score, Strips Final AAA Rating on Mounting Debt Concerns

Moody's has joined the two other rating agencies in determining that the US is no longer fit to hold a AAA credit score.

Shanghai Metals Market · 1h

The last AAA is gone! Moody's officially announced the downgrade of the US sovereign credit rating

It should be noted that Moody's is the last of the three major rating agencies to strip the US of its AAA rating. Standard & Poor's had already downgraded the US long-term sovereign credit rating from "AAA" to "AA+" in 2011, a move that was sharply criticized by the US Treasury Department at the time.

40mon MSN

US Treasury Secretary Scott Bessent dismisses Moody's govt rating cut: ‘I don't put much credence in…’

US Treasury Secretary Scott Bessent dismissed Moody's downgrade of the United States’ sovereign credit rating. The ratings ...

20m

MinRes’ new chair; RBA hikes back in play; US AAA downgrade is huge

In today’s news, Mineral Resources taps an industry outsider to be its new chairman, the window for Reserve Bank interest rate cuts is closing, and America’s AAA downgrade will be huge in the long ...

Forex Factory53m

USD Slides as Moody’s Downgrade Adds to Pressure: EUR, JPY and Gold Test Key Levels

The U.S. dollar has opened the new week under pressure after Moody’s cut the nation’s Aaa credit rating late Friday, with EUR ...

Bloomberg Daybreak Asia: Markets React to Moody's US Credit Downgrade

Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.

Gold Gets Bounce From Moody’s US Downgrade After Big Weekly Drop

Gold bounced back after its biggest weekly decline in six months, with appetite for haven assets boosted by mounting concerns ...

1don MSN

White House communications director criticizes Moody's downgrade

White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...

3hon MSN

Moody's strips the US of its triple A credit rating. Should I sell VTS ETF?

Moody's is the final credit rating agency to do so. The post Moody's strips the US of its triple A credit rating. Should I sell VTS ETF? appeared first on The Motley Fool Australia.

Mini ‘Sell America’ Vibe Revived After Moody’s Downgrades US

Investors faced yet another bumpy start to the trading week with US assets coming under fresh pressure, although it’s ...

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