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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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Moody's has downgraded the United States' credit rating from AAA to AA1.
Golden Finance reported that on the 16th, international credit rating agency Moody's announced that due to the increase in the proportion of US government debt and interest rate payments, it has decided to downgrade the US sovereign credit rating from AAA to AA1, while adjusting the outlook for the US sovereign credit rating from "negative" to "stable." Moody's stated that by 2035, the burden of US federal debt will rise to 134% of GDP; it is expected that by 2035, the US federal government deficit will reach 9% of GDP; as the economy adjusts due to tariffs, GDP growth may slow.