Moody’s Downgrades U.S. Credit Rating – Here’s Why It Matters
The United States has lost its last perfect credit rating after Moody’s Investors Service downgraded the country from 'AAA' to 'Aa1'
U.S. financial markets saw significant declines, with the S&P 500 falling 1.4%, the Dow Jones dropping 380 points, and the Nasdaq losing around 2%, extending losses from the previous week.
Investor concerns over the U.S. economic outlook continue to grow, as uncertainty surrounding trade policy weighs on sentiment.
President Trump acknowledged the potential for an economic slowdown but framed the current conditions as a "period of transition" following recent tariff policy adjustments.
