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Changes to the country’s credit rating impact interest consumers pay on household debt like mortgages, car loans and credit ...
Even before talk of fresh unfunded tax cuts took center stage in the budget wrangling on Capitol Hill, US bond investors were ...
Years of rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service ...
The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.
Moody’s blamed the downgrade on more than a decade of increasing government debt and interest payment ratios, and the failure of U.S. administrations and Congress “to agree on ...
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