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Fitch Ratings on further US "deterioration in governance" but shutdown won't impact rating
Fitch Ratings downgraded the US back in August. A key determinant at the time was the "deterioration in governance" cited by the agency. Fitch has weighed in on the chaos in the US government that played out most recently just yesterday with the removal of the House Speaker. "Given the fact that the House speaker was ousted right after the continuing resolution was agreed, we expect political brinkmanship around government funding negotiations will remain tense and a shutdown later this year can...
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Posted: Oct 4 2023, 22:03
Author Name: forexlive
Views: 092062