May 17, 2025
Moody’s is downgrading US credit rating in the midst of debt growth
Listen to the article Moody’s evaluations are downgrading the United States’ credit rating from AAA to AA1, referring to the increase in federal debt and successive administrations to tackle the expansion of fiscal deficiencies. The decision marks the final blow from the three major credit services, following similar actions by S&P in 2011 and Fitch in 2023. The degradation, announced after markets closed on Friday, immediately prompted the treasury to yield higher and increase the fears of bond market instability when the negotiation continues on Monday. Moody’s warned US debt could hit 134% of GDP by 2035, from 98% in



