Moody's downgrades U.S. credit rating from AAA to AA1
According to online reports, international credit rating agency Moody's announced on the 16th that due to the increase in the ratio of U.S. government debt and interest rate payments, it decided to downgrade the U.S. sovereign credit rating from AAA to AA1, and at the same time adjust the U.S. sovereign credit rating outlook from "negative" to "stable". Moody's said that the U.S. federal debt burden will rise to 134% of GDP by 2035; the U.S. federal government deficit is expected to reach 9% of GDP by 2035; GDP growth may slow down as the economy adjusts to tariffs.
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