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Moody’s downgrades the U.S. credit rating for the first time since 1919, citing rising debt. Crypto markets react with ...
The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.
The downgrade means that each of the three major credit rating firms no longer gives the United States its best rating.
Moody’s Ratings downgraded the United States’ debt on Friday, stripping the country of its last perfect credit rating ...