Fitch places US on AAA rating downgrade watch


Ratings agency Fitch puts the US on watch for a possible downgrade over a risk of default amid a government impasse on raising the national borrowing limit. – EPA pic, May 25, 2023.

RATINGS agency Fitch yesterday put the United States on watch for a possible downgrade over a risk of default amid a government impasse on raising the national borrowing limit.

Fitch said the AAA rating “reflects increased political partisanship that is hindering reaching a resolution to raise or suspend the debt limit” ahead of a looming deadline.


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