📉 Economic Indicators

GDP Contraction: The U.S. economy contracted by 0.3% in Q1 2025, marking the first decline since early 2022. This downturn was primarily driven by a significant increase in imports, which are subtracted in GDP calculations. Welch & Forbes
Consumer Sentiment: Consumer confidence has fallen to its lowest level since 1980, with rising inflation expectations contributing to the decline. @EconomicTimes

💳 Credit Rating Downgrade

Moody’s Downgrade: Moody’s Investors Service has downgraded the U.S. credit rating from Aaa to Aa1, citing concerns over rising government debt and interest payments. This move aligns with earlier downgrades by Fitch and S&P. theintelligencer.net+2Business Standard+2The Times of India+2
White House Response: The White House has dismissed the downgrade, criticizing the analysis and defending its fiscal policies.