Moody's downgrades US to 'Aa1' rating

Reuters

Fri, May 16, 2025, 1:49 PM

(Reuters) -Moody's connected Friday downgraded the recognition standing of the United States by a notch to "Aa1" from "Aaa," citing rising indebtedness and involvement "that are importantly higher than likewise rated sovereigns."

"Successive US administrations and Congress person failed to hold connected measures to reverse the inclination of ample yearly fiscal deficits and increasing involvement costs," Moody's said successful a statement.

(Reporting by Pushkala Aripaka successful Bengaluru; Editing by Shilpi Majumdar)