Moody’s Downgrade Won’t Impact U.S. Debt Confidence: Expert Analysis

Despite Moody’s recent downgrade of the U.S. credit rating, experts remain confident in the safety and stability of U.S. government debt. Kevin Hassett, Director of the U.S. National Economic Council, emphasized that the economy’s strong performance and the perceived value of U.S. debt as a safe haven will mitigate any potential negative effects on market confidence. )