Business Rundown: U.S. Credit Downgraded, A "Knee-jerk" Market Reaction episode artwork

EPISODE · May 19, 2025 · 12 MIN

Business Rundown: U.S. Credit Downgraded, A "Knee-jerk" Market Reaction

from The Fox News Rundown · host FOX News Podcasts

The United States lost its last triple-A credit rating from Moody’s Ratings, citing ballooning budget deficits and rising interest costs. The downgrading of our nation’s credit sparked a selloff of US debt at a time when lawmakers on Capitol Hill are currently working on President Trump’s costly spending and tax bill. Live from Washington, D.C., FOX Business correspondent Grady Trimble joins to break down the story. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

The United States lost its last triple-A credit rating from Moody’s Ratings, citing ballooning budget deficits and rising interest costs. The downgrading of our nation’s credit sparked a selloff of US debt at a time when lawmakers on Capitol Hill are currently working on President Trump’s costly spending and tax bill. Live from Washington, D.C., FOX Business correspondent Grady Trimble joins to break down the story. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Business Rundown: U.S. Credit Downgraded, A "Knee-jerk" Market Reaction

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This episode was published on May 19, 2025.

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The United States lost its last triple-A credit rating from Moody’s Ratings, citing ballooning budget deficits and rising interest costs. The downgrading of our nation’s credit sparked a selloff of US debt at a time when lawmakers on Capitol Hill...

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