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Fitch Puts U.S. On Credit Downgrade Watch

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HardHawk
(@hardhawk)
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Is history about to repeat itself? As the government squabbles over the debt deal and raising the debt ceiling, the U.S. creditworthiness finds itself at risk of a credit downgrade.

Late Tuesday afternoon, Fitch credit rating service announced that it put the U.S. on credit rating watch negative because of government failure to raise the debt ceiling in a “timely” manner. The ratings service affirmed the U.S. credit rating at AAA — a rating that it retained in the face of the debt ceiling debate in 2011 — but the announcement puts the U.S. credit rating at risk for a downgrade.

http://www.forbes.com/sites/maggiemcgrath/2013/10/15/fitch-puts-u-s-on-credit-downgrade-watch/


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Posted : 16/10/2013 12:28 am
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