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Moody’s downgrades United States credit standing, mentioning enlargement in govt debt

Moody’s downgrades United States credit standing, mentioning enlargement in govt debt

Kent Nishimura | Los Angeles Times | Getty Images Moody’s Ratings reduce the United States’ sovereign credit standing down one notch to Aa1 from Aaa, the best possible conceivable, mentioning the rising burden of financing the government’s funds deficit and the emerging price of rolling over current debt amid prime …

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