Posted inInternational Finance

Moody’s Downgrade: The Political Fallout and Economic Ramifications of the U.S. Losing Its Triple-A Credit Rating

Introduction In a significant and unsettling development for the American economy, Moody’s Investors Service has downgraded the United States’ credit rating from the coveted triple-A (AAA) to Aa1. This marks a pivotal moment not only for financial markets but also for the political landscape, as the country grapples with a soaring debt crisis and rising […]