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Fitch ratings place USA on rating watch negative

Fitch places United States' 'AAA' on rating watch negativeUnited States' 'AAA' rating watch negative reflects increased political partisanship that is hindering resolution to raise or suspend debt limitStill expect resolution to US debt limit before x-date; however, believe risks have risen debt limit will not be raised/suspended before x-dateWould expect US country ceiling to remain at 'AAA' even in scenario of a debt defaultWe believe failing to make full & timely payments on debt securities... Read More

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Posted: May 24 2023, 22:42

Author Name: forexlive

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