India, May 17 -- Moody's Ratings downgraded the United States' long-term issuer and senior unsecured ratings from Aaa to Aa1 on Friday, marking the first time the US has lost its top credit rating from the last major agency holding it.

The outlook shifted to stable from negative, reflecting fiscal challenges driven by over a decade of rising government debt and interest costs. This comes days after the April CPI report showed an easing of inflation in the aftermath of President Donald Trump's tariff policies. This downgrade, detailed in Moody's press release, highlights weakening debt affordability compared to other highly rated parties.

Moody's downgrade of the US debt to Aa1 signals reduced confidence in US creditworthiness, reflectin...