Moody’s Downgrades US Credit Rating: Causes, Implications, and What It Means for You
Introduction In a significant financial development, Moody’s Investors Service has downgraded the United States’ credit rating from its highest level of Aaa to Aa1. This move, announced on May 16, 2025, marks the first time since 1917 that the U.S. has lost its pristine credit rating from Moody’s, following similar downgrades by Standard & Poor’s … Read more