Moody’s Downgrades US Credit Rating: Market Reacts to Fiscal Uncertainty

Moody’s has downgraded the US credit rating, shaking financial markets and triggering immediate reactions from investors. The move comes amidst a turbulent economic landscape marked by high inflation expectations and escalating geopolitical tensions. These changes are impacting asset prices across various sectors, including stocks, bonds, and the dollar. 2023 witnessed a major shift in global financial markets as the US credit rating was downgraded, reflecting investor concerns about the country’s fiscal health and potential economic slowdown.