Moody’s Strips U.S. of Last Triple-A Credit Rating, Citing Growing Debt Concerns

Moody’s Strips U.S. of Last Triple-A Credit Rating, Citing Growing Debt Concerns

The United States has lost its final triple-A credit rating after Moody’s downgraded its long-term sovereign credit score on Friday, May 16. 

The downgrade reflects mounting concerns over rising government debt and persistent fiscal challenges facing the country.

Moody’s lowered the U.S. rating from Aaa to Aa1, bringing it in line with earlier reductions by Standard & Poor’s and Fitch. 

The agency highlighted a sustained increase in government debt and interest obligations, which now exceed levels seen in other top-rated countries.