☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 11 months agoUS credit rating outlook lowered to "negative" by Moody's — here's why consumers should be worriedwww.cnbc.comexternal-linkmessage-square1fedilinkarrow-up123arrow-down18cross-posted to: us_news
arrow-up115arrow-down1external-linkUS credit rating outlook lowered to "negative" by Moody's — here's why consumers should be worriedwww.cnbc.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 11 months agomessage-square1fedilinkcross-posted to: us_news
minus-squaredavel [he/him]@lemmy.mllinkfedilinkEnglisharrow-up3·edit-211 months agoThere’s the money shot for what I alluded to last week: If Moody’s changes the U.S.’s actual credit rating, rather than just its outlook, the government may be unable to borrow as much money, or would have to accept a less desirable interest rate.
There’s the money shot for what I alluded to last week: