How Moody’s U.S. Credit Downgrade Could Affect Your Finances

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 Rising interest rates, shaky markets, and higher borrowing costs could all follow Moody’s historic downgrade of the U.S. credit rating. Here is what it might mean for your money. 

Moody’s shook financial markets on May 16, 2025, by cutting the United States’ long-standing Aaa credit rating to Aa1. The move, citing growing debt and rising interest costs, signals heightened concern about the nation’s fiscal direction — and it may have ripple effects far beyond Wall Street. The information regarding Moody’s downgrade of the U.S. credit rating from Aaa to Aa1…

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