Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
NEW YORK, May 16 (Xinhua) — International rating agency Moody’s on Friday downgraded the United States’ credit rating to Aa1 from Aaa, citing rising government debt and interest rate ratios.
The agency also changed the outlook on the US sovereign rating from negative to stable.
“This one-notch downgrade on our 21-notch rating scale reflects the increase over more than a decade in government debt and interest-payout ratios to levels well above similar sovereign ratings,” Moody’s said in a press release.
In November 2023, the agency changed the outlook on the US sovereign rating from stable to negative. –0–