Moodys Downgrades US Credit Rating To Aa1 Amid Rising Debt And Fiscal Deficit Concerns
New Delhi: Moody’s Ratings has downgraded the Government of the United States of America’s (U.S.) long-term issuer and senior unsecured ratings to Aa1 from Aaa. The downgrade, which marks a one-notch fall on Moody’s 21-point rating scale, comes amid concerns over rising federal debt and interest payments, which have increased significantly over the past decade….