Reposted by @imkatia.bsky.social
Moody’s downgraded the credit rating of the US for the first time since 1917, stripping the country of its last perfect credit rating. The move could rattle financial markets and push up interest rates, creating an extra financial burden for Americans already struggling with tariffs and inflation.
cnn.com
The United States just lost its last perfect credit rating | CNN Business
Moody’s Ratings downgraded the United States’ debt on Friday, stripping the country of its last perfect credit rating. The move could rattle financial markets and push up interest rates, potentially c...