Fitch Issues Downgrade Warning On U.S. Credit Rating
Posted By Peter Coyne | 2023-05-26 07:29:56
The tension around the US debt-limit negotiations ratcheted up after Fitch Ratings warned the nation’s AAA rating was under threat from a political standoff that’s preventing a deal.
- Fitch may downgrade its assessment to reflect the increased partisanship that is hindering a resolution despite the fast-approaching so-called X date.
