US Loses Last Top Credit Rating With Downgrade From Moody’s

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By Michael MacKenzie

May 16, 2025 at 8:48 PM UTC

Updated on

May 17, 2025 at 5:15 AM UTC

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The US was stripped of its last top credit rating by Moody’s Ratings, reflecting deepening concern that ballooning debt and deficits will damage America’s standing as the preeminent destination for global capital and increase the government’s borrowing costs.