Uploaded August 2026 | Updated September 2026, 2 weeks ago

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Moody’s, a major credit rating firm, has downgraded Baltimore City’s bond rating, citing years of declining financial reserves across city government.

The rating agency lowered the city’s bond rating from aa2 to aa3 this month, a move that could increase the cost of borrowing for Baltimore.

STORY: foxbaltimore.com/news/local/moodys-downgrades-baltimores-credit-rating-citing-declining-reserves-brandon-scott

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