Moody’s strips U.S. debt of AAA rating over soaring deficits
Friday, May 16, 2025, 7:20 pm
Moody’s has downgraded the U.S. debt from its coveted AAA rating, citing unbridled national deficits and rising borrowing costs. Critics wryly note that fiscal responsibility appears to be on an extended vacation, while investors and policymakers brace for a more turbulent financial future.
La hausse de l’endettement des États-Unis et de son coût pour le budget fédéral ont justifié cette décision.
The rating agency changed its outlook on the U.S. to 'stable' from 'negative,' but said the government has 'failed to agree on measures to reverse the trend' of high deficits.
permalink / 2 stories from sources in 6 days ago #federal #economy #finance #budget
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