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Fitch cuts US sovereign rating on steady deterioration in standards of governance

Fitch cuts US sovereign rating on steady deterioration in standards of governance
Asian stock markets took a significant plunge following Fitch Ratings’ surprise decision to downgrade US sovereign rating from AAA to AA+. This move mirrors S&P Global Ratings’ decision made over a decade ago, causing considerable unrest among investors. Fitch’s statement highlighted, “In Fitch’s view, there has been a steady deterioration in standards of governance over […] The post Fitch cuts US sovereign rating on steady deterioration in standards of governance appeared first on Action Forex... Read More
Posted: Aug 2 2023, 05:20
Author Name: actionforex
Views: 092131

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