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Fitch placed USA on negative watch back in May, now has cut the US rating from triple A

Fitch placed USA on negative watch back in May, now has cut the US rating from triple A
From back in May, news that Fitch was casting a very very wary eye at the USA on the debt ceiling debacle and US governance difficulties:Fitch is out with something of an ominous warning on the US credit ratingUnited States' 'AAA' rating watch negative reflects increased political partisanship that is hindering resolution to raise or suspend debt limitAnd now, action from the agency:Fitch downgrades USA long-term credit rating to AA+ from AAAFitch is very much the #3 rating agency behind S&P an... Read More
Posted: Aug 1 2023, 21:47
Author Name: forexlive
Views: 092070

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