Back

Scope Ratings Downgrades US Credit Rating to AA-

The credit assessment firm lowered the United States’ rating by one notch, citing updated evaluations of economic and fiscal conditions.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Credit Rating: An evaluation of the creditworthiness of a borrower, including nations, based on their ability to repay debt.
  • AA- Rating: A high-grade credit rating denoting very strong capacity to meet financial commitments, though susceptible to economic changes.