Moody’s Downgrades US Credit Rating Amid Soaring Debt
May 17, 2025
Moody’s first gave the United States its pristine “Aaa” rating in 1919 and is the last of the three major credit agencies to downgrade it. Friday’s cut by one notch to “Aa1” follows a change in 2023 in the agency’s outlook on the sovereign due to wider fiscal deficits and higher interest payments. “Successive US […]
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Moody’s Upgrades Pakistan’s Outlook Forecasts 3% Growth in 2025
March 12, 2025
According to Bloomberg, “The positive outlook mirrors the Government of Pakistan’s positive outlook,” Moody’s stated, noting that Pakistani banks maintain significant exposure to sovereign risk through substantial holdings of government securities. Economic growth projections have brightened considerably, with Moody’s forecasting a 3% expansion in 2025, up from 2.5% in 2024 and a contraction of 0.2% […]
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