NYSE Content Advisory: Pre-Market update
- Moody's downgraded the
U.S. credit rating from Aaa to Aa1, citing persistent federal deficits and the growing challenge of refinancingU.S. debt at higher interest rates, bringing theU.S. in line with other major economies. - The downgrade is expected to push
Treasury yields higher and bond prices lower, potentially impacting broader financial markets. -
President Trump has urged theFederal Reserve to cut interest rates, but ChairJerome Powell has signaled a cautious, data-driven approach, with several Fed officials scheduled to speak ahead of the next rate decision onJune 18 .
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