Moody's warns of triple-A threat if Trump pulls World Bank support

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Moody's warns of triple-A threat if Trump pulls World Bank support

//business-finance.news-articles.net/content/202 .. -a-threat-if-trump-pulls-world-bank-support.html

Published in Business and Finance on Monday, February 10th 2025 at 9:40 GMT by Reuters

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Moody's has warned that the United States could lose its AAA credit rating if former President Donald Trump, who has suggested he might withdraw support from the World Bank, wins the 2024 presidential election. This statement comes in light of Trump's previous administration's actions, where he threatened to pull out of international organizations like the World Health Organization and UNESCO. Moody's highlighted that such a move could undermine the U.S.'s role in global financial governance, potentially leading to economic and geopolitical instability. The rating agency emphasized that the stability and predictability of U.S. policy are crucial for maintaining its top-tier credit status.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/moodys-warns-triple-a-threat-if-trump-pulls-world-bank-support-2025-02-10/ ]