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Deutsche Bank strategist Jim Reid likened the U.S. fiscal trajectory to a “death by a thousand cuts," Fortune reported. The ...
How could the downgrade impact Americans? The dip in the U.S. credit rating indicates that ratings agencies believe the ...
Moody's has downgraded deposit ratings of top US lenders JPMorgan Chase, Bank of America and Wells Fargo just days after stripping the nation of its triple-A rating.
US credit rating downgrade means higher borrowing costs, market volatility & impact on international markets. US debt has ...
Moody’s also forecasts US federal debt to rise to around 134% of GDP by 2035, up from 98% in 2023, with the budget deficit ...