Moody’s downgrades U.S. credit rating: What this means

Moody’s Investors Service downgraded the U.S. sovereign credit rating from Aaa to Aa1, marking the first time all three major credit rating agencies—Moody’s, S&P, and Fitch—have rated U.S. debt below the top tier. KTLA's David Lazarus explains the impact. May 19, 2025.

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