Moody’s Downgrades U.S. Credit Rating to Aa1 Amid Soaring Debt and Fiscal Uncertainty
Moody’s Investors Service has downgraded the United States’ long-standing “Aaa” credit rating to “Aa1”, marking the first time since 1917 that the U.S. has lost its perfect credit score from the agency. The decision reflects growing concerns about the country’s ballooning federal debt and persistent fiscal deficits, intensifying scrutiny on …