10-January-2026
Economy News
 
Trump’s $1.5 trillion defence budget plan may deepen deficits, says Moody’s
09-Jan-2026

Global defence stocks advanced on Thursday after U.S. President Donald Trump called for a sharp increase in the American military budget, triggering a renewed rally amid persistent geopolitical tensions, according to Reuters. But credit rating agency Moody’s warned that a large increase in U.S. defence spending would likely worsen already elevated fiscal deficits,

News Source:- https://economictimes.indiatimes.com/markets/us-stocks/news/trumps-1-5-trillion-defence-budget-plan-may-deepen-deficits-says-moodys/articleshow/126428419.cms
 
 
 

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