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Bessent Calls Moody’s ‘Lagging Indicator’ of US Fiscal Health
Treasury Secretary Scott Bessent downplayed concerns over the US’s government debt and the inflationary impact of tariffs on companies including Walmart Inc., saying the Trump administration is determined to lower federal spending and grow the economy.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Moody’s Ratings downgraded the US government’s credit Friday, warning rising debt and political gridlock could push federal ...
The downgrade from Moody’s means that each of the three major credit rating agencies no longer gives the United States its ...
A U.S. sovereign downgrade by Moody's has exacerbated investor worries about a looming debt time-bomb that could spur bond ...
White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...
Moody’s blamed the downgrade on more than a decade of increasing government debt and interest payment ratios, and the failure ...
A U.S. sovereign downgrade by Moody's has exacerbated investor worries about a looming debt time-bomb that could spur bond ...
Moody’s downgrades the U.S. credit rating for the first time since 1919, citing rising debt. Crypto markets react with ...
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