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Moody’s cut the U.S.’s sovereign credit rating from AAA to Aa1. It was the last of the major credit-rating firms to strip the country of its triple-A rating. S&P Global Ratings downgraded U.S. debt in ...
The downgrade of the U.S. sovereign credit rating Friday will likely mean higher borrowing costs on mortgages.
The Georgia lawmaker doubled down on her support for President Trump while seemingly taking credit for planning the Jan. 6 ...
But the sovereign downgrade — and the knock-on impact to the GSEs — sends a clear message: these entities don’t exist in a vacuum. As the government’s fiscal credibility evolves, so too does the ...