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The firm said it expects federal deficits to widen, mostly due to increased interest payments on debt, rising entitlement spending and relatively low revenue generation.
Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.
The US has lost its last perfect credit rating, as influential ratings firm Moody's expressed concern over the government's ...
Financial ratings firm Moody’s Ratings downgraded the U.S. government’s credit ratings Friday, citing its rising debt and ...
Moody's Ratings became the third and final credit rating to downgrade the U.S. government's debt from its top rating by one ...
US stock futures slide after Moodys downgraded the countrys credit rating from “Aaa” to “Aa1,” raising alarm over Americas ...
Moody's Ratings on Friday announced that it downgraded the U.S. credit ... on the debt rising due to higher interest rates and widening deficits. READ ON THE FOX BUSINESS APP "Over the next ...
Moody’s Ratings has downgraded the nation’s credit rating one notch from Aaa to Aa1, leaving the U.S. government without a top grade among any of the major rating agencies. Moody's cited ...
Moody's Ratings on Friday announced that it downgraded the U.S. credit rating by one ... "reflects the increase over more than a decade in government debt and interest payment ratios to levels ...