Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'
1. Moody's downgraded U.S. credit rating from Aaa to Aa1, citing rising debt. 2. Treasury Secretary Bessent views downgrade as a lagging indicator of fiscal conditions. 3. Recent investment announcements showcase confidence in the U.S. economy. 4. White House reports improvements in inflation, gas prices, and job growth. 5. Moody's predicts worsening fiscal outlook amid rising entitlement spending.