Thanks Republicans. Fitch Ratings put the US government’s “AAA” credit rating on ‘rating watch negative’ Tuesday, saying that the standstill on the U.S. debt ceiling negotiations risks undermining the effectiveness of the country’s government and political institutions. U.S. stock index futures fell. “Although Fitch continues to believe that the debt ceiling will be raised soon,… Continue reading United States “AAA” Credit Ratings on “Ratings Watch Negative”
Tag: AAA
S And P On A Downgrade Rampage
On Friday, the rating agency, S&P downgraded the United States credit from AAA to AA+. A move the agency claims was necessary because of the constant political battles fought in Washington by the two political parties. Then today, S&P added even more to their downgrade list. CBS reports; Standard & Poor’s Ratings Services on Monday… Continue reading S And P On A Downgrade Rampage