Moody's, Will Do and Credit Rating
Digest more
Moody's on Monday downgraded the long-term ratings of top American lenders such as JPMorgan Chase , Bank of America and Wells Fargo , after pushing the U.S. out of top triple-A rating club over its burgeoning $36 trillion debt.
Moody's has downgraded deposit ratings of top US lenders JPMorgan Chase, Bank of America and Wells Fargo just days after stripping the nation of its triple-A rating.
The US is no longer a triple-A sovereign credit, but top banks think investors are focused on other market narratives, with volatility to be short-lived.
Moody’s Ratings downgraded the United States’ debt on Friday, stripping the country of its last perfect credit rating. The move could rattle financial markets and push up interest rates, potentially creating an additional financial burden for Americans already struggling with tariffs and inflation.
7d
Investor's Business Daily on MSNBofA Stock Earns Rating Upgrade As Bank of America Rebound ContinuesA Relative Strength Rating upgrade for Bank of America shows improving technical performance. Will it continue?
Dalio fears the U.S. will “print money” to pay off its debts, which creates a different problem for bondholders.