Last Friday, Moody’s downgraded its US credit rating from AAA to Aa1, citing growing concerns around the government’s ability to pay back its debt.
Jason Furman, economic policy professor at Harvard University’s John F. Kennedy School of Government, sits down with Madison Mills on Morning Brief to speak more about Moody’s downgrade, especially as US lawmakers debate new bills and policies around national debt and deficit, tax cuts, and the budget.
Furman acted as the Council of Economic Advisers (CEA) chairman under President Obama from 2013 to 2017.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
#yahoofinance #stocks #news #youtube #stockmarket #stockmarketnews #trump
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
