Moody’s cuts US’ triple-A credit rating by one notch citing rising debt; changes outlook to ‘stable’
Moody’s downgraded the US sovereign credit rating on Friday due to concerns about the nation’s growing $36 on debt pile. The credit rating agency cut the US government’s rating by one notch to “AA1” from ‘AAA’, and changed its outlook on the US to “stable” from “negative.” Moody’s first gave the United States its pristine…
