Moody's Cuts Outlook on U.S. Credit Rating

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 7%
  • Publisher: 97%

The ratings firm maintained its top rating, for now. S&P and Fitch previoulsy downgraded U.S. credit to AA+.

United States News, United States Headlines

Moody’s Investors Service changed its outlook on the U.S.’s credit rating to negative from stable late Friday. The ratings firm cited the federal deficit as a “key driver” behind the action.

In its ratings action, Moody’s said: “The downside risks to the US’ fiscal strength have increased and may no longer be fully offset by the sovereign’s unique credit strengths.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:


Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Moody's changes US credit rating outlook to 'negative' over deficits and polarizationJack Birle is a breaking news reporter for the Washington Examiner. A 2022 graduate of Villanova University with majors in communication and political science, he has previous journalism experience with the Center Square and as a fellow with the National Journalism Center. He was born in Pennsylvania and grew up in Southern California.
Source: dcexaminer - 🏆 6. / 94 Read more »

Montana visits Oregon after Moody's 25-point performanceMontana takes on the Oregon Ducks after Aanen Moody scored 25 points in Montana's 107-59 victory against the Northwest Indian Eagles. Friday's meeting is the first of the season for the two squads.
Source: AP - 🏆 728. / 51 Read more »

Frank Ocean Posts One-Minute Snippet of Moody New SongThe elusive musician’s first fresh tracks in three years are the first we’ve heard from him since he scrapped his second Coachella weekend gig in April.
Source: billboard - 🏆 112. / 63 Read more »

Moody's warns of reinflation risk if banks fail to predict rate movesThe banking sector is not yet out of the woods, with reinflation a risk if banks fail to sufficiently predict rate moves, Moody's managing director Ana Arsov said at Reuters Next on Thursday. The U.S. banking sector was in turmoil in the spring as Silicon Valley Bank...
Source: NEWSMAX - 🏆 16. / 71 Read more »

Trade Desk’s stock melts down as earnings outlook disappointsEarnings for latest quarter beat expectations
Source: MarketWatch - 🏆 3. / 97 Read more »

Decoding Powell's market ripples: Navigating the Fed's caution and the unsettling clues in the dataOutlook: Sometimes the markets are thicker than two planks.
Source: FXStreetNews - 🏆 14. / 72 Read more »