the staff of the Ridgewood blog
New York NY, Moody’s Investors Service has officially downgraded the U.S. credit rating from Aaa to Aa1, ending a perfect score the country held since 1917. The move, announced Friday, reflects growing concerns over the rising federal deficit, soaring interest payment ratios, and sluggish economic growth.
Continue reading Moody’s Downgrades U.S. Credit Rating, Ending Over a Century of Perfect Standing
