By Elisabeth Buchwald and Tami Luhby
CNN, New York
Friday, May 16, 2025
Moody's Ratings downgraded the United States' debt today, stripping the country of its last perfect credit rating.
The move could rattle financial markets and push up interest rates, potentially creating an additional financial burden for Americans already struggling with tariffs and inflation.
... Dispatch continues below ...
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... For the remainder of the announcement:
Of the three major credit rating agencies, Moody' was the lone holdout, maintaining its outstanding rating of AAA for U.S. debt. Moody's held a perfect credit rating for the United States since 1917.
It now ranks U.S. creditworthiness one notch below that, at Aa1, joining Fitch Ratings and S&P, which lowered their credit ratings for U.S. debt in 2023 and 2011, respectively. ...
... For the remainder of the report:
https://www.cnn.com/2025/05/16/business/moody-us-credit [2]
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