Wednesday, December 4, 2024

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.

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