Trump disagrees with Moody's assessment

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MarsBit
05-19
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Mars Finance News, on May 19, the White House Press Secretary Levitt stated that Trump does not agree with Moody's assessment. Previously, Moody's downgraded the United States' sovereign credit rating from Aaa to Aa1, with the outlook adjusted to "stable". The downgrade was due to the continuous rise in government debt and interest payment ratio, with the fiscal deficit expected to approach 9% of GDP by 2035. This is the first time Moody's has downgraded the U.S. rating since 1917, and the United States has thus lost all AAA top-tier ratings from the three major credit rating agencies.

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