Moody’s no longer has a gold-standard ‘AAA’ sovereign credit rating for the United States. On Friday, Moody’s—one of the three main credit rating agencies—cut the US sovereign credit rating by a notch to ‘AA1’ from ‘AAA’ citing the growing American debt pile. Moody’s becomes the last of the big three rating firms to downgrade the federal US debt, following similar moves by Fitch in 2023 and S&P in 2011.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.